118 N Main, Lake Elsinore, CA 92530

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List Price
$998,000
Status
ACTIVE
Days on Market
360
Price Change
▼ $201,999 1790946773
MLS#
DW25237444
Subtype
Residential Income
Year Built
1920
Lot Size
3,920
Acres
0.09
MLS Area Major
Not Defined (699)

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
Central
Stories
Two Levels
Levels
Two
Pool Type
None

Listing courtesy of Listing Agent: Olluky Lopez (ollukylopez@gmail.com) from Listing Office: ReMax Sky.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.