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118 N Main St
Lake Elsinore, CA 92530
Commerce de détail Propriété À vendre


Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Heavy daytime foot traffic.
- City of Lake Elsinore Downtown Revitalization Initiative
- Income Producing Residential 4 bedroom 1 bath upstairs.
Résumé de l'annonce
Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside.
The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses. The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.
According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.
Flexible investment options:
- Owner-user opportunity: Operate your business on the ground floor and reside upstairs.
- Dual-income potential: Lease both the commercial and residential units for maximum cash flow.
- Value-add upside: Benefit from continued downtown growth and infrastructure investment.
The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.
With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.
LISTING ID: DW25237444
The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses. The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.
According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.
Flexible investment options:
- Owner-user opportunity: Operate your business on the ground floor and reside upstairs.
- Dual-income potential: Lease both the commercial and residential units for maximum cash flow.
- Value-add upside: Benefit from continued downtown growth and infrastructure investment.
The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.
With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.
LISTING ID: DW25237444
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
4 000 pi²
Classe d’immeuble
C
Année de construction
1920
Prix
1 946 832 $ CAD
Prix par pi²
486,71 $ CAD
Location
Unique
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,12
Taille du lot
0,08 AC
Zonage
C1 - C-1 Neighborhood Commercial zone is designed for small-scale, local-serving commercial uses, such as retail, personal services, & professional office.
Façade
55’ sur N Main St
Commodités
- Affichage
- Espace d'entreposage
- Climatisation
Impôts fonciers
| Numéro de lot | 373-024-016 | Évaluation des bâtiments | 153 959 $ CAD |
| Évaluation du terrain | 44 284 $ CAD | Évaluation totale | 198 242 $ CAD |
Impôts fonciers
Numéro de lot
373-024-016
Évaluation du terrain
44 284 $ CAD
Évaluation des bâtiments
153 959 $ CAD
Évaluation totale
198 242 $ CAD
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