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508 Grand Blvd Corona, CA 92882

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For Sale
$899,000

Two-unit retail building, 4,008 sq ft

Property size:
4,008 SF

Property Features for 508 Grand Blvd

General Information

Property type
Retail properties
Square Feet
4,008 SF
Lot Size
10,019 SF

Building Details

Year Built
1968

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Listing Contact
Tom Tennant
Tom Tennant

Listing Agency: Elevate Real Estate Agency Listing Agent: Tom Tennant

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a two-unit retail building totaling 4,008 square feet, situated on a 0.23-acre lot at 508 Grand Boulevard in Corona, CA. Built in 1968, this single-story property boasts a prime location on the iconic circular West Grand Boulevard, zoned Community Service (CS). The larger suite (2,480 sq ft) features six rooms, two bathrooms, central air, and a gas-fired space heater, along with three exterior entrances. The smaller suite (1,600 sq ft) includes one additional room, one bathroom, a wall-mounted AC unit, and a gas-fired space heater, with two exterior entrances. Both suites share a covered 357 sq ft front porch and are adjoined by a common wall. The property offers ample parking with three spaces in the front lot and additional space in the rear. The brick building, constructed on a concrete foundation with a flat/pitch roof, has independent utility access for each suite. The 67-foot street frontage provides excellent visibility. The property's 10,019 sq ft lot offers significant potential. Note that adjacent pod storage units are not included in the sale. The City of Corona is undertaking a comprehensive plan to revitalize the downtown area, with nine scheduled improvements, including streetscape enhancements on Grand Boulevard and 6th Street, already underway. This presents a unique chance to capitalize on the area's anticipated growth. The asking price is $899,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

B'llo bb Boutique ... Clothing & Fashion Store

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Corona
County
Riverside
State
California
Longitude
-117.5742
Latitude
33.87709

FAQs

What type of property is this?
Retail property - Two-unit retail building, 4,008 sq ft
Where is this retail property located?
The property is located at 508 Grand Blvd Corona, CA.
What is the asking price?
The asking price for this property is $899,000.
More about this property
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