508 N Main Street,  Lake Elsinore CA, 92530 (Commercial)

Status: Active
MLS#: EV16013433
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Last Updated: 12/3/2016 9:49 AM
Description for 508 N Main Street Lake Elsinore, CA 92530
GREAT DEVELOPMENT OPPORTUNITY FOR LONG TERM LAND LEASE AT $4,900 PER MONTH, OR PURCHASE IN THE GATEWAY DISTRICT. HOME ON PROPERTY WAS TORN DOWN, BUT PROVIDES FOR IMPACT FEE CREDITS, AND UTILITIES TO PROPERTY. SEWER IS 40 TO 50 FT. FROM PROPERTY. PROPERTY CONSISTS OF 4 PARCELS, AP#s 377-243-002, 003, 004, & 005, WITH 206 FT OF FRONTAGE ON MAIN ST. HIGH VISIBILITY WITH QUICK ACCESSIBILITY FOR BOTH NORTH & SOUTHBOUND ON & OFF RAMPS. A NEW SEVEN ELEVEN MARKET WITH GAS PUMPS IS ACROSS THE STREET FROM PROPERTY. CURB, GUTTER, SIDEWALK, & APPROACH ON PROPERTY. ZONING IS GATEWAY COMMERCIAL WHICH PERMITS SERVICE, PROFESSIONAL OFFICES, RETAIL, RESTAURANTS, DRIVE-THROUGH BUSINESSES, HOTEL, & MIXED USE. A 260 ACRE DEVELOPMENT, NAMED SPY GLASS RANCH, CONSISTING OF ESTATE RESIDENTIAL, LOW & HIGH DENSITY RESIDENTIAL, & MULTI-FAMILY, HAS BEEN APPROVED ON THE OTHER SIDE OF THE FREEWAY. SITE PLAN SHOWS PROPERTY WILL SUPPORT A 3,500 SQ. FT. BUILDING WITH DRIVE THROUGH, AND 35 PARKING SPACES. PLEASE VERIFY INFORMATION WITH THE CITY OF LAKE ELSINORE.
Price
$4,900
Riverside
EV16013433
Active
Description
GREAT DEVELOPMENT OPPORTUNITY FOR LONG TERM LAND LEASE AT $4,900 PER MONTH, OR PURCHASE IN THE GATEWAY DISTRICT. HOME ON PROPERTY WAS TORN DOWN, BUT PROVIDES FOR IMPACT FEE CREDITS, AND UTILITIES TO PROPERTY. SEWER IS 40 TO 50 FT. FROM PROPERTY. PROPERTY CONSISTS OF 4 PARCELS, AP#s 377-243-002, 003, 004, & 005, WITH 206 FT OF FRONTAGE ON MAIN ST. HIGH VISIBILITY WITH QUICK ACCESSIBILITY FOR BOTH NORTH & SOUTHBOUND ON & OFF RAMPS. A NEW SEVEN ELEVEN MARKET WITH GAS PUMPS IS ACROSS THE STREET FROM PROPERTY. CURB, GUTTER, SIDEWALK, & APPROACH ON PROPERTY. ZONING IS GATEWAY COMMERCIAL WHICH PERMITS SERVICE, PROFESSIONAL OFFICES, RETAIL, RESTAURANTS, DRIVE-THROUGH BUSINESSES, HOTEL, & MIXED USE. A 260 ACRE DEVELOPMENT, NAMED SPY GLASS RANCH, CONSISTING OF ESTATE RESIDENTIAL, LOW & HIGH DENSITY RESIDENTIAL, & MULTI-FAMILY, HAS BEEN APPROVED ON THE OTHER SIDE OF THE FREEWAY. SITE PLAN SHOWS PROPERTY WILL SUPPORT A 3,500 SQ. FT. BUILDING WITH DRIVE THROUGH, AND 35 PARKING SPACES. PLEASE VERIFY INFORMATION WITH THE CITY OF LAKE ELSINORE.
Listing Information
Property Type: General Commercial, Other
Neighborhood
Room Information
Exterior / Lot Features
None
Driving Directions
Cross Streets: 15 FREEWAY
Financial Considerations
377243005
Listing Price History

Lake Elsinore Real Estate

Lake Elsinore is located in California. Lake Elsinore, California 92530 has a population of 52,219.

The median household income in Lake Elsinore, California 92530 is $62,436. The median household income for the surrounding county is $57,096 compared to the national median of $53,046. The median age of people living in Lake Elsinore 92530 is 29 years.

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Courtesy: TRAYER REALTY, INC. STEVE TRAYER
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Information is deemed reliable but is not guaranteed.

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