18700 Collier Avenue, Lake Elsinore, CA 92530

About this property

Commercial development opportunity with freeway (I-15) frontage in the heart of Lake Elsinore. Property benefits from substantial billboard lease revenue (base + percentage). Zoning: General Commercial zoning (C-2) which allows for a wide variety of permitted uses including: Hotels/Motels, Restaurants, Offices, Churches, Schools/Studios and the typical retail applications. C-2 also includes C-O (Commercial Office) and C-1 (Neighborhood Commercial) uses. Buyer to verify all zoning, uses, utilities and required permits with City and County agencies.

Listing description from the October 2020 sale, as reported to CRMLS.

Sale history

$520,000

Sold October 2020 · listed $675,000, orig. $945,000, on market May 2019 · MLS #SW19116688 · Source: CRMLS

Listing Agent: Richard Jemison · Listing Office: Coldwell Banker Realty-Murrieta · Contact: 951-304-2900 · Bought with: Ryan Jensen · Tobias Commercial

$250,000

Sold November 2013 · listed $300,000, on market August 2013 · MLS #PW13156438 · Source: CRMLS

Listing Agent: Chad Langseth · Listing Office: Keller Williams Realty · Contact: 714-584-2700 · Bought with: Chad Langseth · Keller Williams Realty

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