Corona: Always Believe Sells Retail Building for $2.5 Million

Always Believe Sells Retail Building for $2.5 Million, RJ Realty Buys 480 N. Main for $312 PSF

Always Believe Inc. sold the 8,010-square-foot general retail building at 480 N. Main St. in Corona to a shell company for RJ Realty Investors for $2.5 million, or approximately $312 per square foot. The capitalization rate was 6%.

The two-story retail building is on two parcels totaling 4,355 square feet. The building is currently being used as a restaurant called Villa Amalfi.
 

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