Lake Elsinore Homes with Retail Subtype

Lake Elsinore Homes with Retail Subtype

Welcome to Lake Elsinore, a vibrant gem nestled in Riverside County, California. Known for its stunning natural landscapes and a rich tapestry of community life, Lake Elsinore is more than just a picturesque destination; it’s a place where dreams of homeownership come to life. With its breathtaking views of the lake and surrounding mountains, this city offers a unique blend of outdoor adventure and suburban comfort.

Lake Elsinore is renowned for its recreational opportunities, including boating, fishing, and hiking, making it a paradise for nature lovers and adventure enthusiasts alike. The city's charming downtown area boasts a variety of shops, restaurants, and entertainment options, creating a lively atmosphere that is perfect for families and individuals seeking a vibrant community.

For those considering a home in this beautiful city, the homes with a retail subtype present a fantastic opportunity. These properties not only provide comfortable living spaces but also offer the potential for business ventures right at your doorstep. Imagine waking up in your cozy home and stepping into your own retail space, where you can bring your entrepreneurial dreams to life. This unique combination allows for a seamless work-life balance, ideal for those looking to blend personal and professional aspirations.

Whether you’re drawn to the serene lake views, the bustling community events, or the potential for a home-based business, Lake Elsinore has something for everyone. Explore the possibilities today and discover why this charming city is the perfect place to call home!

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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