501 S. Victoria Ave., Corona, CA

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501 S. Victoria Ave., Corona, CA

$ Click for current price

Presented By:

The Hanover Group

Keller Williams
Licensed In: California
License #: BRE # 01273403 | BRE # 01259267 | Cal BRE # 01527033

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Property Description

This is a great mixed use or live work property with two buildings on the lot. One building facing Victoria Avenue is a beautiful two bedroom, 1 bath home with a den and a large bonus room. The other built structure on the lot is a commercial building that is bringing in monthly rental income. You have lots of combinations of how you could potentially utilize this property: 1) Purchase as an investment property and rent both buildings out. 2) Purchase the property and use the house to live in and either rent the commercial building out (or use the commercial building for your own business). 3) Purchase the property and use the house as an office for your business (or whatever creative use you have in mind) and either rent out or use for your own business the commercial building. The house is ?1,567 sq. ft.; the commercial building is ?1,277 sq. ft.; leaving the total gross building area at ?2,844 sq. ft. The Downtown commercial zoning allows for the following uses: Deli, Sandwich Shop, Restaurant, Micro-brewery, Wine Tasting Room, Sidewalk Caf?, Health Care Facilities, Dance or Martial Arts Studio, Educational Institutions, Art Gallery and Studio, Furniture Store, Flower Shop, Food Store or Neighborhood Market, Handcraft Products, Pet Stores, Retail Stores, Antique Shop, Professional Office, Barber Shop, Beauty and Nail Shop and many more uses. Location Description (Describe what's nearby worth mentioning, shopping, restaurants, universities, employment centers, access to freeways, etc.): This property is located in the heart of Downtown Corona, California where there are many restaurants, businesses, shopping and medical services all within walking distance. The Corona Regional Medical Center, Corona Mall Shopping Center, Corona Public Library and Corona Senior Citizens Center are all within walking distance or a very short drive. The property has easy access to the 91 and 15 freeways, and the North Main Corona Metorlink Station.