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- LoopNet Team
15712 Grand Ave
Lake Elsinore, CA 92530
Land For Sale
·
5.18 AC
INVESTMENT HIGHLIGHTS
- Good traffic for retail space without being too congested.
- Great location! Close to Ortega Highway.
- Access to Lake Elsinore which use is continuing to grow with the support of the City.
PROPERTY FACTS
DESCRIPTION
Prime investment opportunity on the Lake. Seller has plans for retail at the front on Grand Ave. Perhaps a coffee/smoothie convenience store. A motel in the middle and a restaurant near the lake with a boat launch and beachfront to take advantage of the area. The City owned boat landing on the North side of the lake has been a huge success. Leverage that success the City has enjoyed by adding another great location for boaters to get together for dining and beach activities. The previous owner had plans to add 31 townhomes which included some live/work units. (Can provide some additional information if requested) If you would like additional information please contact me. Property was formerly a motel resort with a total of 26 units, divided into 3-primary living sections with RV campsites throughout complex, pool, clubhouse, boat dock and 170' of private lakefront. Seller has Soils report, environmental reports and geological surveys that may need updating.
