Price Reduced ListingCommercially zoned land represents the true value of this rare Lake Elsinore opportunity. The property consists of approximately 1.15 acres of flat, usable land with desirable General Commercial Mixed-Use (C-1/C-P) zoning, allowing for a wide variety of development possibilities. Potential uses may include a bank, grocery store, church, dry cleaning business, professional offices, retail establishments, restaurants, and numerous other commercial or mixed-use projects, subject to city approvals and verification by the buyer. Ideally positioned with excellent frontage and visibility near Grand Avenue, the site offers outstanding exposure, accessibility, and long-term investment potential in a growing area. The existing residence and swimming pool can provide immediate utility while plans for future redevelopment are evaluated. Positioned next to the local fire station, surrounded by open land, and benefiting from attractive lake views, the property combines strong fundamentals with future flexibility. Large commercially zoned parcels in established locations are becoming increasingly difficult to find, making this an exceptional opportunity to secure a property with both current utility and significant future development potential.
| MLS # | IG26115054 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 96 |
| Listing Provided By | Re/Max Partners | Benjamin Rubalcava |
| SQ Feet | 1,331 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Acreage | 1.15 |
| Cooling | None |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Lot Features | Back Yard, Front Yard, Lot Over40000Sqft |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Lake Elsinore |
| Zip Code | 92530 |
| Area | 699 Not Defined |
| Listing VS Median (in 92530) | |
Price: $560,000 low | high Med: $719,000 sqft: 1,331 low | high Med: 2,173 $ / sqft: $421 low | high Med: $331 On site: 96 low | high Med: 44 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Lake Elsinore |
| Zip Code | 92530 |
| Area | 699 Not Defined |
| Listing VS Median (in 92530) | |
Price: $560,000 low | high Med: $719,000 sqft: 1,331 low | high Med: 2,173 $ / sqft: $421 low | high Med: $331 On site: 96 low | high Med: 44 | |