118 N Main, Lake Elsinore, CA 92530
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,199,999
Est. payment /mo
3,920 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26037236

HOA Y/N No

Year Built 1920

Lot Size 3,920 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Present Use Commercial,Residential,Single Family,See Remarks

Building

Lot Description Street Level, Walkstreet

Story 2

Water Public

Others

Tax ID 373024016

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Notice Of Default

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Listed by Olluky Lopez ReMax Sky 323-742-1823, DRE #02040124

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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118 N Main

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