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15573 Grand Ave 5,000 SF Retail Building Lake Elsinore, CA 92530 $689,000 ($137.80/SF)
INVESTMENT HIGHLIGHTS
- Conveniently off I-15 with direct access to Ortega Hwy
- Approved for various restaurant and commercial uses, including cannabis dispensary
- Redevelopment Project: Area No. 1-1986
EXECUTIVE SUMMARY
4,467 square foot retail/ commercial (former restaurant)on a 0.53 acre lot. In Redevelopment Project: Area No. 1-1986. Approved for various restaurant and commercial uses,
including cannabis dispensary. "AS IS" free simple sale. Major $100K price reduction.
including cannabis dispensary. "AS IS" free simple sale. Major $100K price reduction.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1975
Price
$689,000
Price Per SF
$137.80
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.53 AC
Zoning
CP/C1
Parking
15 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 387-103-006 | Improvements Assessment | $929,598 |
| Land Assessment | $437,456 | Total Assessment | $1,367,054 |
PROPERTY TAXES
Parcel Number
387-103-006
Land Assessment
$437,456
Improvements Assessment
$929,598
Total Assessment
$1,367,054
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15573 Grand Ave
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