508 W Grand Boulevard

Corona, CA 92882

PRICE REDUCED

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-$96,000 (-9.65%)

$899,000

List Price

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1968

calendar_month Built

Property 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.

Listing Information

List Price $899,000
Status Active
MLS IG24110436
Type Commercial
Subtype Retail
Year Built 1968
Lot Size 10,019
Structure Size N/A
DOM 162
Courtesy Of Elevate Real Estate Agency
Listing Agent Tom Tennant DRE#01273093
Co-Listing Agent Charlene Ryan DRE#02062333

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Central Air, Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Tom Tennant, Charlene Ryan, Elevate Real Estate Agency 714-904-9830. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 4:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.