Closed /
MLS #SB24031622 /
Retail Store /
Ontario
Listing information updated 1/27/2025 at 4:02pm
Opportunity Knocks! This unique property at 902 S Hope Ave in Ontario offers endless potential for the savvy investor or entrepreneur. Situated in a desirable neighborhood, this property is the only commercially zoned gem nestled among residential homes. Originally a store, this property has been converted into a single-family home, presenting an excellent opportunity for a creative transformation. With its tear-down condition and numerous code violations, it's a complete fixer-upper awaiting your vision and expertise. Featuring 2 bedrooms, 2 bathrooms, and approximately 1,000 square feet of space, this property boasts a spacious layout with plenty of potential. The detached garage adds versatility and is perfect for an ADU (Accessory Dwelling Unit), providing additional rental income or guest accommodation. The neighborhood is renowned for its charm and convenience, with parks nearby and a steady increase in rent values over the years. Recent developments in the area underscore its growing appeal and potential for future growth. While the property requires extensive renovation, there's opportunity abound. Some areas of the property may have permitted additions, offering a possible pathway to expedited improvements. Whether you're looking to create a mixed-use retail space or a unique single-family home, this property is primed for transformation. Don't miss out on this chance to make your mark in Ontario's thriving real estate market.
Listing Office: Craft & Bauer Real Estate Co.
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. 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.
