133 N Main Street Lake Elsinore, CA ^$ 988,000

133 N Main Street

^$ 988,000

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133 N Main Street

Lake Elsinore, CA, 92530

^$ 988,000

Studio Baths0.0 Sq 4,750

Monthly Estimate*

^$ 6,901

Listed by Neu Realty

133 N Main Street, Lake Elsinore, CA 92530 - Image 1

133 N Main Street, Lake Elsinore, CA 92530 - Image 2

133 N Main Street, Lake Elsinore, CA 92530 - Image 3

133 N Main Street, Lake Elsinore, CA 92530 - Image 4

133 N Main Street, Lake Elsinore, CA 92530 - Image 5

133 N Main Street, Lake Elsinore, CA 92530 - Image 6

133 N Main Street, Lake Elsinore, CA 92530 - Image 7

133 N Main Street, Lake Elsinore, CA 92530 - Image 8

Studio

Commercial Property for sale in Lake Elsinore, CA

for $988,000. This 4,750 square foot building was built in 1922 on a lot size of 0.14.

GREAT cash flowing investment property!!! This property consists of two units, totaling 4,750 SF + 1,500 SF basement, and is centrally located in the heart of the City of Lake Elsinore. Both units are rented out at regular rents. Tenants pay for all utilities and maintenance. 10 foot ceilings, 2 large display windows, 3 bathrooms, and 3 city maintained parking lots. Walking distance to downtown, shops, restaurants, and City Hall. Only minutes away from the Lake and easily accessible to Freeway 15! Great for Entrepreneurs who want to own their own building and bring a Franchise Business that will BOOM in this location! Truly a Must See Property!!! BUYER TO VERIFY PROPERTY INFORMATION. COMMENTS TITLE: COMMERCIAL / RETAIL OPPORTUNITY DOWNTOWN ELSINORE.

Commercial Active

Price

^$ 988,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

0.14

Year Built

1922

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

WS24015946

Days on Market

Features

General

Heating Central

Cooling CentralAir

Year Built 1922

Property SubType Retail

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 Exit on Main St of I-15 turn right to old town Lake Elsinore

City Lake Elsinore

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area SRCAR - Southwest Riverside County

Lot Size Square Feet 6098.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Main

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 25

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Tenant

Property Sub Type Additional Retail

Expected Active Date 2024-01-31

Exterior

Lot Features Paved

Water Source Public

Lot Size Area 6098.0

Number of Buildings 1

Spa N

Building Area Total 4750.0

Lot Size Acres 0.14

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

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 2

Electric On Property Y/N N

Internal Only

Street Number 1 133

* Excluded Features

List By

Neu Realty

Broker

(626) 592-5659

Phone

Affordability Calculator

$6,901

Per Month

Monthly Principal & Interest: $6,901
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 ^$2,324,020

Percent of Sale Price 135%

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
2/1/2024	$988,000		Listed Price

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133 N Main Street, Lake Elsinore, CA, 92530 is a Commercial Property for sale at $988,000 with 4,750 sqft and a lot size of 0.14. 133 N Main Street is a studio with 0.0 baths and was built in 1922. The property's zip code is 92530 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 4/28/2024. 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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133 N Main Street

Commercial Property for sale in Lake Elsinore, CA

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