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

Status: Active
MLS#: EV16179815
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Last Updated: 12/5/2016 6:29 PM
Description for 508 N Main Street Lake Elsinore, CA 92530
COMMERCIAL LAND WITH FREEWAY VISIBILITY CONSISTING OF 4 PARCELS WITH 206 FEET OF FRONTAGE ON MAIN STREET, WITH QUICK ACCESSIBILITY FOR BOTH THE 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, PLUS ALLEY ACCESS. HOME ON PROPERTY WAS TORN DOWN & CLEARED, WHICH SHOULD PROVIDE IMPACT FEE CREDITS. UTILITIES TO PROPERTY. SEWER IS 40 TO 50 FEET AWAY. ZONING PERMITS SERVICE, OFFICES, RETAIL, RESTAURANTS, DRIVE-THROUGH BUSINESS, HOTEL, & MIXED USE.. SELLER HAS CONCEPTUAL PLANS FOR A 3,500 SQ. FT. BUILDING WITH DRIVE-THROUGH, 35 PARKING SPACES, & LANDSCAPING. OWNER MAY CARRY, AND MAY LEASE LAND LONG TERM. A 260 ACRE DEVELOPMENT NAMED SPY GLASS RANCH CONSISTING OF ESTATE RESIDENTIAL, LOW & HIGH DENSITY RESIDENTIAL HAS BEEN APPROVED ON THE OTHER SIDE OF THE FREEWAY. BUYER TO VERIFY INFORMATION & USE WITH CITY.
Price
$875,000
Riverside
EV16179815
Active
Description
COMMERCIAL LAND WITH FREEWAY VISIBILITY CONSISTING OF 4 PARCELS WITH 206 FEET OF FRONTAGE ON MAIN STREET, WITH QUICK ACCESSIBILITY FOR BOTH THE 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, PLUS ALLEY ACCESS. HOME ON PROPERTY WAS TORN DOWN & CLEARED, WHICH SHOULD PROVIDE IMPACT FEE CREDITS. UTILITIES TO PROPERTY. SEWER IS 40 TO 50 FEET AWAY. ZONING PERMITS SERVICE, OFFICES, RETAIL, RESTAURANTS, DRIVE-THROUGH BUSINESS, HOTEL, & MIXED USE.. SELLER HAS CONCEPTUAL PLANS FOR A 3,500 SQ. FT. BUILDING WITH DRIVE-THROUGH, 35 PARKING SPACES, & LANDSCAPING. OWNER MAY CARRY, AND MAY LEASE LAND LONG TERM. A 260 ACRE DEVELOPMENT NAMED SPY GLASS RANCH CONSISTING OF ESTATE RESIDENTIAL, LOW & HIGH DENSITY RESIDENTIAL HAS BEEN APPROVED ON THE OTHER SIDE OF THE FREEWAY. BUYER TO VERIFY INFORMATION & USE WITH CITY.
Listing Information
Property Type: General Commercial, Other
Neighborhood
Room Information
Exterior / Lot Features
None
Driving Directions
Cross Streets: 215 freeway
Financial Considerations
377243002
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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