508 W Grand Blvd, Corona, CA 92882 | For Sale

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For Sale $899,000

$899,000
  • (0)
  • 3 Units
  • Unknown Sq Ft
  • 10,019 Sq Ft
  • Unknown Cap Rate

Description

For the First Time in it's History This *Single Story*, Two Unit, Retail Store built in 1968 is Being Offered for Sale. With no Prior Ownership History to limit your imagination, the possibilities for this Rare Investment Opportunity are Boundless. This multiple Suite Property Located at 510 & 508 West Grand Blvd., in Corona CA is Situated on the Iconic Circular Street Known as West Grand Blvd and is Zoned as Community Service (CS). The Building was once Operated by it's One and Only Owners as a Popular Beloved Liquor Store known as 'Mike's Liquor'. The First Suite at 510 W. Grand Blvd., which is the Larger Suite of the two, Offers a Total of 2,480 Sq. Ft., Six Rooms, Two Bathrooms, Central Air, a hanging Gas-Fired Space Heater, and Provides Three Individual Exterior Entrances; Front, Side, and Back. The Two Suites are Adjoined by a Common Wall, as well as, a Covered Front-Porch that is Approximately 357 Sq. Ft. The Second Suite at 508 W. Grand Blvd., Offers a Total of 1,600 Sq. Ft. with One Additional Room, One Bathroom, an AC Wall Unit, a hanging Gas-Fired Space Heater, and Provides Two Individual Exterior Entrances; Front & Back. The Lot Size is Situated on a total of 10,019 Sq. Ft. (0.23 Acres) that Offers a Front Parking Lot with 3 Spaces in Additional to a Rear Open Parking Lot. The Building is Designed as a Brick Building on a Concrete Foundation, with a Flat/Pitch Roof and has all of the Necessary Public Utilities on Site - both independently structured to each Unit. The Front of the Property has approximately 67 Feet of Street Frontage Facing West Grand Blvd. The Pod Storage Units are not a Part of the Sale but may be Acquired Additionally. The Adjacent Single-Story Home is also Coming Soon for Sale by the Same Owners - These two Properties Share more than just a Street Address & Location being Neighbors - They are both Rich in the Heritage of the Iconic Circular Street known as Grand Blvd., in Corona CA. The City Council of Corona has recently set forth a new Comprehensive plan to Transform the Corona Downtown area. According to The Corona City Council, There are a total of 9 scheduled improvements planned starting this Summer. The first improvement Project #1 Streetscape Enhancements on Grand Blvd & 6th Street have already begun.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $899,000
Property Type Retail
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1968
Last Sold Unknown
Sold Price Unknown
APN # 117340021
MLS # IG24110436
Property ID 320560745
Lot Sqft 10,019
Zoning C2
Total Units 3
Days on Market 195
Original List Price $995,000
Date Updated December 09, 2024
Date Created June 06, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Tom Tennant an agent of Elevate Real Estate Agency. Lic #01273093


© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 09, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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