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Listed by Olluky Lopez • ReMax Sky
$ 1,199,999
Est. payment /mo
Price Dropped by $198K
118 North Main Lake Elsinore, CA 92530
2,941 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,941 sqft
Price per Sqft $408
MLS Listing ID DW-25237444
Year Built 1920
Lot Size 3,920 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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.
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
Interior
Heating Central
Laundry None
Exterior
Pool None
Community Features Curbs, Street Lights
Building
Lot Description Walkstreet
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944