Thank you
Josephine Sharma
LEGACY HOMES REALTY
951-314-4251
Don't miss out on this incredible opportunity to own prime commercial land boasting a stunning lake view in the vibrant area of Lake Elsinore. Nestled conveniently on corner of Grand Ave and Adelfa St, with convenient access to Orange County from Ortega highway, this property includes not just one, but two adjacent lots totaling 100 feet of frontage along Grand Avenue. Imagine the possibilities with this usable flat lot, zoned C-1 and strategically positioned on a major busy street to open your business. Included in the listing price are two generously sized lots, one spanning 7,840 sqft and the other 6,969 sqft, along with a coveted water well permit. Parcel numbers 381-261-002, 381-261-003, and 381-261-004 signify the value of this offering - from the covered water well on the Grand side of the inner lot to the two additional parcels for the attached lots. Grand Avenue itself is a well-maintained paved street with curbs and sidewalks, ensuring accessibility and convenience. But that's not all - this land can get access to city sewer, electricity, and water lines, making development and utilization a breeze. And here's the cherry on top: the unique opportunity to own a commercial lot with the option to install your private water pump for your desired uses. The big lot next to this is projected to be Lakeside Place community, proposed 12-acre multi-family housing development that will offer next-level, lakeside living with resort-style community amenities located in Lakeland Village with 216 apartment units, configuring 1,2,3 bedroom units total of 15 buildings. Seize the chance to secure your piece of this promising landscape. Act now to explore this property and make your strongest offer - your future awaits with growth in this area making this one of a kind commercial lot! Hurry before it's gone. Types of C-1 General Commercial business list; Automobile Parts and Supply Stores, Barber and Beauty Shop, Bars and Cocktail Lounges, Department stores, Gasoline Service Station, Ice Cream shop, Laundry and laundromat, Convenience store, liquor stores, mini warehouse structures. Please contact the Riverside County planning department for land usage and your business need and do your own due diligence.
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.36
Lot Size Source: Assessor
Lot Size Square Feet: 15680
Original List Price: 149,000
Listing Contract Date: 2024-03-20
Listing Agreement: Exclusive Right To Sell
Parcel Number: 381261003
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: SRCAR - Southwest Riverside County
Directions: Corner of Grand Ave and Adelfa St.
Zoning: C1
Source Property Type: Land
Area: SRCAR - Southwest Riverside County
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1 Londos, Lake Elsinore, CA,92530 | $37,500 | -- | -- | -- | 7841 Sqft |
11 Franklin E., Lake Elsinore, CA,92530 | $440,000 | -- | -- | -- | 55473 Sqft |
30 Country Club Blvd, Lake Elsinore, CA,92530 | $60,000 | -- | -- | -- | 38333 Sqft |
29 Stevens St, Lake Elsinore, CA,92530 | $35,000 | -- | -- | -- | 6488 Sqft |
5 Skyline Dr, Lake Elsinore, CA,92530 | $13,000 | -- | -- | -- | 2614 Sqft |
Calkin, Lake Elsinore, CA,92530 | $20,000 | -- | -- | -- | 2614 Sqft |
9 Ulmer, Lake Elsinore, CA,92530 | $16,000 | -- | -- | -- | 3485 Sqft |
71 Howlett, Lake Elsinore, CA,92530 | $40,000 | -- | -- | -- | 16553 Sqft |
7 Main St, Lake Elsinore, CA,92530 | $150,000 | -- | -- | -- | 9148 Sqft |
6 Main St, Lake Elsinore, CA,92530 | $150,000 | -- | -- | -- | 9148 Sqft |
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ByOwner last updated this listing 04/27/2024 @ 04:17
MLS: SW24055887
LISTED BY: Josephine Sharma, LEGACY HOMES REALTY
SOURCE: CRMLS
Buyer Agency Compensation: 4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.