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Investment Highlights

  • Owner-user opportunity with the ability to acquire both the medical practice and real estate.
  • Remaining second-floor shell space offers future expansion or leasing flexibility.
  • Established medical office location with a long history of healthcare use.
  • Existing dental tenant provides in-place occupancy on the second floor.
  • Convenient access to Interstate 15 supports connectivity throughout the region.
  • Seller is motivated and has indicated flexibility regarding the business acquisition component.

Executive Summary

31581 Canyon Estates Drive presents an opportunity to acquire a two-story medical office property in Lake Elsinore, California, with both owner-user and investment characteristics. The current owner occupies the entire first floor and is seeking to sell both the real estate and medical practice, creating a potential turnkey acquisition for healthcare operators or investors. The second floor includes an established dental tenant occupying approximately 1,500 square feet, while the remaining portion of the floor is in shell condition, providing flexibility for future medical, professional office, or specialty healthcare buildout. The property is positioned near Interstate 15, offering convenient regional access throughout Southwest Riverside County and surrounding Southern California markets. The site has a documented history of medical use and is associated with an established family medicine practice serving the local community. Offered at $3,300,000 for the real estate, the seller has indicated a willingness to negotiate pricing related to the practice, creating additional acquisition flexibility for qualified buyers. Motivated seller.

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
B
Year Built
2011
Price
$4,546,080 CAD
Price Per SF
$454.61 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
0.79 AC
Zoning
Medical
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100

Property Taxes

Property Taxes

Parcel Number
363-670-005
Land Assessment
$1,419,421 CAD
Improvements Assessment
$2,553,521 CAD
Total Assessment
$3,972,942 CAD
  • Listing ID: 42085988

  • Date on Market: 2026-09-08

  • Last Updated:

  • Address: 31581 Canyon Estates Dr, Lake Elsinore, CA 92532

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