350 Railroad Canyon Road Lake Elsinore, CA ^$ 1,775,000

350 Railroad Canyon Road

^$ 1,775,000

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Recently Listed

350 Railroad Canyon Road

Lake Elsinore, CA, 92532

^$ 1,775,000

Studio Baths0.0 Sq 6,350

Monthly Estimate*

^$ 12,399

Listed by Sundance Realty

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 1

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 2

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 3

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 4

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 5

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 6

350 Railroad Canyon Road, Lake Elsinore, CA 92532 - Image 7

Studio

Commercial Property for sale in Lake Elsinore, CA

for $1,775,000. This 6,350 square foot building was built on a lot size of 1.12.

Fabulous opportunity with this commercial building located in one of the busiest areas of Lake Elsinore and right off the 15 freeway! The new intersection is finished and has dramatically improved the flow of traffic. This building has long term tenants in place and is 100% occupied. Easy to rent due to the huge demand for the area. This stand alone building has its own parking and sits on over an acre of prime property. 2 additional parcels will be included with sale. Perfect potential for an owner operator or add to your investment portfolio. Location, Location, Location! Don't miss out on the future with this rare investment opportunity.

Commercial Active

Price

^$ 1,775,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

1.12

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

SW24078759

Days on Market

Features

Exterior

Lot Features CornerLot Lawn Landscaped SprinklerSystem

Water Source Public

Lot Size Area 48787.0

Number of Buildings 1

Spa N

Building Area Total 6350.0

Lot Size Acres 1.12

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Property SubType Office

Building Name Sundance Properties

Additional Parcels Description 363140043 363140044

County Riverside

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 15 Fwy exit Railroad Canyon Rd. on corner of Grape and Railroad Canyon Rd

City Lake Elsinore

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area SRCAR - Southwest Riverside County

Lot Size Square Feet 48787.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Railroad Canyon

Listing Terms Submit

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 11

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Office

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 350

* Excluded Features

List By

Sundance Realty

Broker

(951) 609-2044

Phone

Affordability Calculator

$12,399

Per Month

Monthly Principal & Interest: $12,399
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lake Elsinore, CA

Average List Price ^$2,183,966

Percent of Sale Price 23%

About Lake Elsinore, CA

67,316 Population

100% Since 2002

^$63,800 Median Income

32.98 Median Age

45% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,775,000	-5.33%	Price Down
4/20/2024	$1,875,000		Listed Price

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350 Railroad Canyon Road, Lake Elsinore, CA, 92532 is a Commercial Property for sale at $1,775,000 with 6,350 sqft and a lot size of 1.12. 350 Railroad Canyon Road is a studio with 0.0 baths. The property's zip code is 92532 which is in Lake Elsinore, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2024. 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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350 Railroad Canyon Road

Commercial Property for sale in Lake Elsinore, CA

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