118 N Main, Lake Elsinore, CA 92530

$998,000

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Listed by Olluky Lopez, 562-205-3484 from ReMax Sky
(If provided) CoList: Joey O'neill from ReMax Sky

List Price
$998,000
Price Change
▼ $201,999 1790910284
MLS#
CRDW25237444
Status
ACTIVE
Lot Size
3,920
Listing Area
699 - Not Defined

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.

Additional Information

Heating System
Central Forced Air
Laundry Facilities
None
Lot Size
3,920
Neighborhood
699 - Not Defined
Numberof Units
1
Pool Description
None
Unincorporated Yn
Yes

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Calculator source: Real Geeks

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