501 S. Victoria Avenue, Corona

The Hanover Group has just taken a new listing in Corona, CA. We are happy to be representing a seller’s property that has both a commercial and residential in one lot. This property is a  great mixed use or live work property featuring the residential building facing Victoria Avenue. The home has two beautiful bedrooms, 1 bath home with a den and a large bonus room; ±1,567 sq. ft. The other built structure on the lot is a commercial building that is bringing in monthly rental income the building is ±1,277 sq. ft.;

This property can be utilized in many ways for the buyer.

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.

A buyer can either rent the commercial building or if they own a business the Downtown commercial zoning allows for the following uses: Deli, Sandwich Shop, Restaurant, Micro-brewery, Wine Tasting Room, Sidewalk Café, 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.

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Know anyone looking to move into a new home or commercial space? CALL 909-942-6165 or email us at info@thehanovergrp.com