Lake Elsinore Homes with Retail Subtype

Lake Elsinore Homes with Retail Subtype

Welcome to Lake Elsinore, a vibrant city nestled in Riverside County, California, where stunning natural beauty meets a thriving community spirit. Known for its picturesque lake and breathtaking mountain views, Lake Elsinore offers a unique blend of recreational opportunities and urban conveniences, making it an ideal place to call home.

The heart of Lake Elsinore is its namesake lake, one of the largest natural lakes in Southern California, perfect for boating, fishing, and enjoying a sunny day by the water. The surrounding area boasts numerous parks, hiking trails, and outdoor activities that cater to nature enthusiasts and adventure seekers alike. With a rich history and a welcoming atmosphere, Lake Elsinore is not just a place to live; it’s a lifestyle.

For those interested in real estate, Lake Elsinore offers a diverse array of homes, including properties with a retail subtype. These unique homes provide an exceptional opportunity for entrepreneurs and business-minded individuals looking to combine living and working spaces. Imagine waking up in your beautiful home and having the convenience of a retail space right at your doorstep! Whether you’re looking to start a small business, a boutique, or a café, these properties are designed to meet your needs while allowing you to engage with the vibrant community.

With its affordable housing market, friendly neighborhoods, and proximity to major highways and cities like Los Angeles and San Diego, Lake Elsinore is an attractive option for families, professionals, and investors alike. Embrace the charm of Lake Elsinore and discover your perfect home with retail opportunities today!

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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