Exclusive Opportunity: Mixed-Use Commercial Property with Turn-Key Business in Corona. Prime Investment Alert: An exceptional opportunity for owner-users seeking a "live-work" or "semi-retirement" lifestyle! Purchase this prime commercial real estate and take over a multi-million dollar business.
Property Highlights (Northern Blvd, Corona):
Total 3-Level Commercial Unit
?Ground Floor: 2,693 sq. ft. (Impressive 25'-38' storefront frontage)
?Second Floor: 1,537 sq. ft.
??Finished Basement: 1,675 sq. ft.
?Curb cut for loading -pull up access
?Private multiple cars driveway 23X100 sqft
Operating Costs: Common Charge: $1,410/mo | RE Taxes: $2,410/mo
Investment Potential: Projected Rental Income: $15,000/month | Conservative
CAP Rate: 5.5%
Strategic Location & Development: Situated within walking distance of the highly anticipated Metropolitan Park-the multi-billion dollar casino and entertainment complex spearheaded by Mets owner Steve Cohen and Hard Rock.
The Corona/Willets Point area is undergoing its most significant transformation in decades. With 23,000 new position projected, the demand for local services (retail, dining, amenities) will skyrocket. This is the turning point for Corona: transitioning from a local neighborhood hub to a premier New York destination for tourists and professionals alike.