16960 Lakeshore Dr - Commercial LAND FOR SALE
Lake Elsinore, CA 92530 | 82,764 SF
$950,000 USD
818-416-1646
16960 Lakeshore Dr
Lake Elsinore, CA 92530
HIGHLIGHTS
- Located on the northeast side of Lake Elsinore adjacent to the main intersection with Riverside Drive (Hwy 74).
- High visibility with strong traffic count of Lakeshore Dr. (19,100VOD) / Riverside (26,900 VOD).
- Adjacent to Albertson's, Stater Bros., Starbucks, KFC, AutoZone, Arco Gas, Del Taco & Chevron.
- Close proximity within 2 miles to the I-15 Corridor that includes: Costco, Target, Walmart, LA Fitness, Lowes, Home Depot.
- Strong demographic: 5-mile population of +/- 79,988; average age 34-39; with average household income of $106,263.
- General commercial zoning allowing for drive-thru, sit-down restaurant, automative, as well as RV and Boat storage subject to plot plan approval.
OVERVIEW
Lake Elsinore Economic Development actively engaged in facilitating future development.
Possible future development allows for hotel, QSR with drive thru, retail strip center.
Residential housing feasible as long as retail frontage provided along Lakeshore Drive.
Seller is willing to carry back financing for a short period to facilitate future development.
Ground Lease or Build to Suit for well qualified Tenant are options Seller will consider.
FOR SALE DETAILS
PRICE
$950,000 USD
PRICE/ACRE
$500,000/AC
PRICE/SF
$11 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Restaurant, Strip Center
LAND ACRES
1.9 AC
LAND SF
82,764 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
C-1
APN/PARCEL ID
378-283-008
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818-416-1646
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818-416-1646
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