$200,000
$400,000
50.0%For more information regarding the value of a property, please contact us for a free consultation.
0.63 Acres Lot
SOLD DATE : 11/08/2024
Key Details
Sold Price $200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW24214307
Lot Size 0.630 Acres
Property Description
Unlock the potential of this prime real estate opportunity in a high-traffic area on Grand Ave. This strategically located parcel is zoned for mixed-use development, offering versatile possibilities for both commercial and residential projects. This property is perfect for investors and businesses. Seeking a high-profile location along Grand Ave. The subject site has 130.00 ft of traffic street frontage on Grand Ave, giving good exposure to drive-by customers, then has 375.00 ft of non-traffic frontage off the siding street / Zinck way. The General Plan designation for lot 009, the automotive shop, is Commercial Retail; the Building is currently used by the automotive shop under a conditional use permit. The established business is not for sale but has been a long-term Tenant, known as Lake Elsinore Transmission, which offers a one-story automotive metal building on a slab foundation, two bays, accessed by 10-foot wide roll-up doors, built in an estimated 1976, having 2,400 sq ft, one office, storage room, two bays, assembly room, one bathroom, having evaporative cooling and ceiling mounted space heating. This unit has a covered parking area with concrete and asphalt driveway areas. Buyer advised to check with all County/City Agencies and Utility Services to ensure the property is zoned and suitable for buyers intended use. ALSO, THIS PROPERTY NEEDS TO BE PURCHASED WITH THE CONTIGUOUS ADJOINING PROPERTY. SEE MLS # SW24221027
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central, Forced Air, Fireplace(s)
Cooling Central Air, Evaporative Cooling
Laundry Washer Hookup, Gas Dryer Hookup, In Garage
Exterior
Fence Chain Link
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
Roof Type Composition,Metal
Building
Lot Description 2-5 Units/Acre, Back Yard, Corner Lot, Corners Marked, Front Yard, Level, Near Public Transit, Street Level
Story 1
Water Well
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Scott Hadley • NONMEMBER MRML