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 beauty and outdoor recreational opportunities, this charming city boasts a unique blend of small-town charm and modern amenities. Surrounded by picturesque mountains and the sparkling waters of Lake Elsinore, residents enjoy a lifestyle enriched by nature, adventure, and community.

Lake Elsinore is not just a haven for outdoor enthusiasts; it also offers a thriving retail environment that complements its residential appeal. Homes with a retail subtype in this area provide an exceptional opportunity for those looking to blend their living space with entrepreneurial aspirations. Imagine waking up in your beautifully designed home and stepping into your own retail space, where you can run a boutique, café, or service-oriented business—all within steps of your front door.

The city’s strategic location along the I-15 corridor makes it easily accessible, attracting both locals and visitors alike. With a growing population and a commitment to fostering local businesses, Lake Elsinore is an ideal place for entrepreneurs looking to make their mark. The community is vibrant, with a calendar filled with events, festivals, and farmers' markets that bring neighbors together and celebrate the local culture.

Whether you’re seeking a serene lakeside retreat or a bustling hub for your retail dreams, Lake Elsinore offers the perfect blend of residential comfort and commercial opportunity. Discover your next home in this picturesque city, where life is as beautiful as the views that surround you!

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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