Riverside Drive, Lake Elsinore, CA 92530

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List Price
$3,250,000
Status
ACTIVE
MLS#
IV26234294
Lot Size
522,720
Acres
12
Lot Location
11-15 Units/Acre
Days on Market
1
Property Type
Land

Property Description

The subject property consists of approximately 12 acres located along Riverside Drive / Highway 74 in Lake Elsinore, California. The site offers substantial roadway frontage and excellent visibility along Riverside Drive, which carries approximately 27,039 vehicles per day. An additional 18.13 acres immediately adjacent to the property are also available for purchase, providing buyers with the opportunity to acquire up to approximately 30.13 acres. The property is situated near the shoreline of Lake Elsinore and is surrounded by a mix of residential and commercial uses. Nearby businesses include the newly constructed Ringside Bar & Grill, a multi-tenant commercial building, and a car wash. The surrounding area is experiencing significant residential and commercial growth, including several large-scale planned and under-construction developments throughout the Lake Elsinore area. The property offers an opportunity for commercial or mixed-use development along a well traveled corridor. Utilities are believed to be available within Riverside Drive, subject to buyer verification.

Additional Information

View
None
Water
None
Attached Structure
Detached

Listing courtesy of Listing Agent: ERIC WASHLE (ericw@cbcsocalgroup.com) from Listing Office: COLDWELL BANKER COMMERCIAL SC.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.