Lake Elsinore Homes with Mixed Use Subtype

Welcome to Lake Elsinore, a picturesque gem nestled in Riverside County, California. Known for its stunning natural beauty and vibrant community, Lake Elsinore offers a unique blend of outdoor adventures and urban conveniences. The city is framed by the majestic Ortega Mountains and is famously home to the largest natural lake in Southern California. With a delightful Mediterranean climate, residents enjoy sunny days and mild winters, making it an ideal location for year-round outdoor activities such as boating, hiking, and fishing.

One of the most exciting aspects of Lake Elsinore is its diverse real estate market, particularly the availability of homes with a Mixed Use subtype. These properties provide an incredible opportunity for homeowners and entrepreneurs alike, allowing for a seamless blend of residential living and business ventures. Imagine stepping out of your front door and into your own café, boutique, or office space—all while enjoying the comfort of your home just above or beside your business. This unique setup fosters a vibrant community atmosphere, where neighbors become friends and local businesses thrive.

Lake Elsinore is not just about scenic views and recreational activities; it’s a place where opportunities abound. The city is experiencing growth, with new developments and amenities that cater to a dynamic lifestyle. Whether you’re looking to invest in a mixed-use property or seeking a charming home with the potential for business, Lake Elsinore offers the best of both worlds. Embrace the charm of this remarkable city and discover the endless possibilities that await you!

Newest Lake Elsinore Homes with Mixed Use Subtype

$710,000

3 Beds ⋅ 2 Baths ⋅ PW26139707 MLS ⋅ Active Status

Commercial/Residential Zoned Property with Dual Street Entrances! Sitting on over half an acre, this highly visible, flat lot features rare dual property entrances with frontage on East Lakeshore Drive and a secondary pull-through access point on Elm Street. The property includes an approx. 950 sq. ft. building designed with two independent exterior entrances, making it incredibly adaptable. Inside, the versatile layout features two front rooms ideal for offices or bedrooms, while the rear section provides an additional private room or office. Previously a car dealership, the expansive lot and high traffic location are proven winners for business. With flexible mixed-use zoning, this is an unmatched opportunity for business owners seeking a live/work setup. This lot is ready for COMMERCIAL occupancy, RESIDENTIAL occupancy, or BOTH! (Buyer / Tenant to verify all zoning and permitted uses).

2006 E Lakeshore, Lake Elsinore

$650,000

IG26115054 MLS ⋅ Active Status

Commercially 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.

33040 Maiden, Lake Elsinore

$1,199,999

DW26037236 MLS ⋅ Active Status

Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside. The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses. The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration. According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft. Flexible investment options: - Owner-user opportunity: Operate your business on the ground floor and reside upstairs. - Dual-income potential: Lease both the commercial and residential units for maximum cash flow. - Value-add upside: Benefit from continued downtown growth and infrastructure investment. The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce. With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.

118 N Main, Lake Elsinore

$1,199,999

DW25237444 MLS ⋅ Active Status

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

118 N Main, Lake Elsinore

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.