Lake Elsinore Homes with Retail Subtype

Lake Elsinore Homes with Retail Subtype

Welcome to Lake Elsinore, California—a vibrant city nestled in Riverside County, renowned for its stunning natural beauty and a welcoming community spirit. Situated between the majestic Santa Ana Mountains and the sparkling waters of Lake Elsinore, this charming city offers a unique blend of outdoor recreation, rich history, and modern conveniences, making it an ideal place to call home.

Lake Elsinore is not just about scenic landscapes; it’s also a thriving hub for those looking to invest in real estate. The city features a diverse range of homes, including properties with a retail subtype, perfect for entrepreneurs and business-minded individuals. These homes offer the unique opportunity to live and work in the same space, catering to those who appreciate the convenience of having their business just steps away from their front door.

Imagine waking up to breathtaking views of the lake, enjoying your morning coffee on a spacious patio, and then walking a few steps to your retail space to greet customers. With a growing population and a supportive local economy, Lake Elsinore is an excellent place for business owners to thrive.

In addition to its residential and commercial offerings, Lake Elsinore boasts a plethora of outdoor activities. From boating and fishing on the lake to hiking the surrounding trails, there’s no shortage of adventure. Plus, with easy access to major highways, you’re just a short drive away from the bustling cities of Los Angeles and San Diego.

Whether you’re looking for a peaceful retreat or a dynamic business opportunity, Lake Elsinore has something for everyone. Come explore the possibilities and discover your perfect home in this beautiful California city!

Newest Lake Elsinore Homes with Retail Subtype

$1,759,000
DW26140807 MLS Active Status
Acquire a rare opportunity to own both the real estate and the established Ringside Bar & Grill in the growing community of Lake Elsinore, California. The real estate must be purchased in conjunction with the business, which is offered separately at $425,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. Cap rate at $10,000 NNN is 6.82 The property features a 2,776-square-foot freestanding building that underwent extensive renovations in 2022, creating a modern, attractive, and welcoming environment for patrons. Originally constructed in 1982, the property has been thoughtfully updated and is well-positioned for continued success. Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term growth potential. Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate, this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction. 2,776 SF building with an additional 800 SF covered patio Built in 1982 Renovated in 2022 Zoned CP Located on Ortega Hwy just as you come into Lake Elsinor. Cap Rate is based on Market rent of $10,000 a month NNN Ringside Bar and Grill to be sold concurrently at $425,000 Includes a Type 48 liquor license Seats 99 persons 10 beer taps, and 3 wells behind the bar Touchtunes jukebox Multuple Samsung Smart TVs Sound system with DJ set up Flat top grill Two fryers Pizza Oven

31502 Riverside, Lake Elsinore

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