118 North Main, Lake Elsinore, CA 92530

$1,199,999
2,941
SqFt

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List Price
$1,199,999
Price Change
▼ $198,889 1778057758
Status
ACTIVE
MLS#
DW-25237444
Year Built
1920
Living Sq. Ft
2,941
Lot Size
3,920
Days on Market
336
Property Type
Multifamily
Stories
2

Property Description

Located in the heart of Lake Elsinore’s revitalized downtown district, this versatile mixed-use property offers exceptional potential for both investors and owner-users. The building features a retail storefront on the ground floor, ideal for a boutique, café, professional office, or service business. Upstairs, you'll find a spacious 4 bedroom, 1 bath residential unit, perfect for an owner-occupant or as additional rental income. Live upstairs and operate your business below, or rent out both spaces for maximum return. Enjoy outstanding visibility and foot traffic thanks to the City’s ongoing Downtown Revitalization Initiative, a multi-faceted project transforming the Main Street corridor. Significant enhancements include the new City Hall at Main and Graham, pedestrian safety and infrastructure upgrades, and aesthetic improvements. Don’t miss this rare opportunity to invest in one of Southern California’s fastest-growing communities, where business meets lifestyle.

Additional Information

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Listing courtesy of ReMax Sky.