Lake Elsinore Homes with Retail Subtype

Lake Elsinore Homes with Retail Subtype

**Discover Lake Elsinore: Your Ideal Home Awaits**

Nestled in the heart of Riverside County, California, Lake Elsinore is a vibrant city that perfectly blends natural beauty with suburban charm. Known for its stunning lake and breathtaking mountain views, this picturesque locale offers a serene escape while providing easy access to urban conveniences. With a rich history and a thriving community, Lake Elsinore is a place where families, young professionals, and retirees can all find their perfect home.

One of the standout features of Lake Elsinore is its diverse real estate market. Homes with a retail subtype are gaining popularity, providing a unique opportunity for those looking to combine living and working spaces. These homes are designed with convenience in mind, allowing residents to operate their businesses right from their doorstep. Imagine waking up in your beautiful home and stepping into your shop or office, all while being surrounded by the stunning vistas of the lake and mountains.

Lake Elsinore is not just about beautiful homes; it’s also a community rich in recreational activities. Residents can enjoy boating, fishing, and hiking, with numerous parks and trails at their fingertips. The city hosts various events throughout the year, fostering a strong sense of community and making it easy to meet neighbors and make friends.

Whether you’re drawn to the unique lifestyle that homes with retail subtypes offer or the allure of Lake Elsinore’s natural beauty, this city has something for everyone. Explore your options today and discover why Lake Elsinore is the perfect place to call home!

Newest Lake Elsinore Homes with Retail Subtype

31502 Riverside, Lake Elsinore
$1,759,000
DW26140807 MLS ⋅ Active Status
Acquire a rare opportunity to own both the real estate and the established Ringside Bar & Grill in the growing community of Lake Elsinore, California. The real estate must be purchased in conjunction with the business, which is offered separately at $425,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. Cap rate at $10,000 NNN is 6.82 The property features a 2,776-square-foot freestanding building that underwent extensive renovations in 2022, creating a modern, attractive, and welcoming environment for patrons. Originally constructed in 1982, the property has been thoughtfully updated and is well-positioned for continued success. Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term growth potential. Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate, this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction. 2,776 SF building with an additional 800 SF covered patio Built in 1982 Renovated in 2022 Zoned CP Located on Ortega Hwy just as you come into Lake Elsinor. Cap Rate is based on Market rent of $10,000 a month NNN Ringside Bar and Grill to be sold concurrently at $425,000 Includes a Type 48 liquor license Seats 99 persons 10 beer taps, and 3 wells behind the bar Touchtunes jukebox Multuple Samsung Smart TVs Sound system with DJ set up Flat top grill Two fryers Pizza Oven

31502 Riverside, Lake Elsinore

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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.

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