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228 S Spring Street, Lake Elsinore, CA 92530

Commercial property · 3 recorded sales since 2021

228 S Spring Street, Lake Elsinore, CA 92530 Sold March 2021 CRMLS
$640,000Sold March 2021

Listing Agent: Anthony Cullors (DRE #01240905) · Listing Office: HOMESMART · Contact: 951-491-7800 · Bought with: Anthony Cullors · HOMESMART · MLS #SW20236371 · Source: CRMLS

4,654
Building Sq Ft
2
Units
26,321 sqft
Lot Size
1910
Year Built
Commercial property
Type

About this commercial property

OPPORTUNITY FOR INVESTMENT IN A RAPIDLY GROWING DOWNTOWN AREA THIS .60 AC/ZONED COMMERICAL MIX USE. THIS HISTORICAL CRAFTMAN 3354 SQ.FT. HOME WITH A SEPARATE STRUCTURE CONSISTING OF EST.1300 SQFT & VACANT LAND. *LAKE/MTS VIEW*PARLOR, BUILTIN CHINA CABINET*WOODBEAM CEILINGS*CROWN MOLDING*WOOD FLOORS*3 FIREPLACES*WINDOW MOLDING*CENTRAL HEAT/AIR*COPPER PLUMBING*MASTER SUITE* BOAST ENDLESS POSIBILITIES FOR THIS PROPERTY. THE OTHER STRUCTURE OF EST.1250 SQ.FT. CAN BE POSSILIBLE OFFICE/DANCE/STUDIO W/BATHROOM*OVERSIZED ENCLOSED CARPORT, *100FT RVPARKING* 4 ADJOINING LOTS IN ALL. (CHECK CITY FOR LAND USES) THE CITY OF LAKE ELSINORE MASTER PLAN IS SOUGHT TO PRESERVE THE HISTORIC ASSESTS WITHIN THE DOWNTOWN WHILE ALLOWING THE DOWNTOWN AREA TO EVOLVE AS A "CITY OF IT'S TIME" ZONED MIX USE: THIS DESIGNATION PROVIDES FOR A MIX OF RESIDENTIAL AND COMMERICAL USES WITHIN A SINGLE PROPOSED DEVELOPMENT AREA, THE POSSIBILITES ARE ENDLESS WITH AN EMPHASIS ON RETAIL, SERVICE, CIVIC AND PROFESSIONAL OFFICE USES. RESIDENTIAL USES ARE ALLOWED EITHER AS A STAND-ALONE PROJECT, OR IN COMBINATION W/COMMERICAL USES. PLEASE CHECK WITH THE CITY OF LAKE ELSINORE PLANNING DEPARTMENT FOR COMPLETE DETAILS.THIS PROPERTY IS A LEVEL CORNER LOT CONSISTING OF FOUR PARCELS (374-272-009, 08, 07 & 06) THIS VERY UNIQUE PROPERTY HAS GREAT POTENTIAL AND CENTRALLY LOCATED ON THE HEART OF LAKE ELSINORE COMMERICAL AREA. BEING JUST EAST FROM THE LAKE (within walking distance) MINUTES FROM 15 FWY & ALL CONVENIENT SERVICES

Listing description from the March 2021 sale, as reported to CRMLS.

Sale history

$640,000
Sold March 2021 · listed $675,000, orig. $725,000, on market November 2020 · MLS #SW20236371 · Source: CRMLS
Listing Agent: Anthony Cullors · Listing Office: HOMESMART · Contact: 951-491-7800 · Bought with: Anthony Cullors · HOMESMART
$640,000
Sold March 2021 · listed $675,000, orig. $725,000, on market November 2020 · MLS #SW20236493 · Source: CRMLS
Listing Agent: Anthony Cullors · Listing Office: HOMESMART · Contact: 951-491-7800 · Bought with: Anthony Cullors · HOMESMART
$640,000
Sold March 2021 · listed $675,000, orig. $725,000, on market November 2020 · MLS #SW20235406 · Source: CRMLS
Listing Agent: Anthony Cullors · Listing Office: HOMESMART · Contact: 951-491-7800 · Bought with: Anthony Cullors · HOMESMART
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