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118 N Main

lake elsinore, CA 92530

$1,398,888

    Interested? Let's Connect

    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.

    Details

    2,941 Sq Ft

    3,920 Sq Ft Lot Size

    commercial

    Built in 1920

    MLS/Listing ID DW26037236

    1 Units

    Amenities & Features

    Lot - Street Level

    Lot - Walkstreet

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