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118 North Main, Lake Elsinore, CA 92530

$998K0ba · 2,941 sqft
Lot 3,920 sqft•Commercial/Residential•
Active
•32d on market•MLS# DW-25237444

Property Description

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.

Features & Amenities

FeeBuilt 1920

Property Details

Land Type
Fee
Year Built
1920
Property Type
Residential Income
Property Subtype
Commercial/Residential
Parking Spaces
0
Garage Spaces
0
Heating
Central
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byReMax Sky, Olluky Lopez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,046.43
Principal & Interest
Loan Amount
$798,400
Total Interest
$1,018,315
Total Payment Over 30 Years
$1,816,715
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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