Riverside Drive, Lake Elsinore, CA 92530

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List Price
$3,250,000
Status
ACTIVE
MLS#
IV-26234294
Lot Size
12
Days on Market
2
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

Land Lease Type
Fee
View
None

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Listing courtesy of COLDWELL BANKER COMMERCIAL SC.