ActiveCommercial · sale

118 N Main

Lake Elsinore, CA 92530

$1,199,999

  • 0.09 acres
  • Built 1920

Listed by ReMax Sky · MLS #DW26037236

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118 N Main, Lake Elsinore, CA 92530 · MLS #DW26037236

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1920.

Property size

0.09 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside.

The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses.



The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.



According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.



Flexible investment options:

- Owner-user opportunity: Operate your business on the ground floor and reside upstairs.

- Dual-income potential: Lease both the commercial and residential units for maximum cash flow.

- Value-add upside: Benefit from continued downtown growth and infrastructure investment.



The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.

With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.

THE NEIGHBORHOOD

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118 N Main, Lake Elsinore, CA 92530

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1920
Heating
Central
Parcel
373024016

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #DW26037236 · California Regional MLS

Listing brokerage: ReMax Sky
Listing agent: Olluky Lopez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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