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Listed by Olluky Lopez, DRE #02040124 • ReMax Sky
$ 1,199,999
Est. payment /mo
Price Dropped by $198K
118 N Main Lake Elsinore, CA 92530
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25237444
Year Built 1920
Lot Size 3,920 Sqft
Source California Regional MLS
Property Description
Located in the heart of Lake Elsinore's revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City's ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don't miss this rare opportunity to invest in one of Southern California's fastest-growing communities, where business meets lifestyle.
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Heating Central Forced Air
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 373024016
Special Listing Condition Notice of Default
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