28769 Lake St - Commercial LAND FOR SALE


Lake Elsinore, CA 92530 196,020 SF
$3,700,000 USD
760-533-5343
28769 Lake St, Lake Elsinore, CA for Sale
$3,700,000 USD
Commercial LAND - FOR SALE
1/7
196,020 SF

28769 Lake St
Lake Elsinore, CA 92530


HIGHLIGHTS

  • 4.5-acre parcel within a larger 10-acre commercially zoned property.
  • Strategic location at the northeast corner of Lake Street and Running Deer Road.
  • Adjacent to a planned 32,000-square-foot retail project featuring a fuel station and restaurants.
  • Strong residential growth and increasing consumer base within the Lake Elsinore corridor.
  • Flexible C2 zoning supporting multiple commercial uses under Lake Elsinore's zoning code.

OVERVIEW

This 4.5-acre commercial site is part of a 10-acre property zoned for general commercial use, positioned in close proximity to high-density residential neighborhoods. The site occupies the northeast corner of Lake Street and Running Deer Road, delivering strong visibility and accessibility. A major commercial development is in the final stages of entitlement on an adjoining 6-acre parcel at the northwest corner of Mountain Street and Lake Street. This forthcoming project will feature a 32,000-square-foot retail center, including a fuel station, in-line retail shops, a quick-serve restaurant, and a drive-thru restaurant, creating significant traffic and synergy for the area. The available parcel is zoned C2, permitting a wide range of uses as outlined in the C0, C1, and C2 General Commercial District regulations for Lake Elsinore. This location offers substantial potential for additional complementary retail or service-oriented development in a growing market corridor.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/ACRE

$822,222/AC

PRICE/SF

$19 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

4.5 Acre Commercial Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Car Wash, Drug Store, Fast Food, Hold for Development, Storefront, Storefront Retail/Office

LAND ACRES

4.5 AC

LAND SF

196,020 SF

OFFSITE IMPROVEMENTS

Electricity

ZONING

C2

APN/PARCEL ID

389-030-028,389-030-029

ASK ABOUT THIS PROPERTY

Ted CaligiuriC21 Commercial MastersMore Info
760-533-5343

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Ted CaligiuriC21 Commercial MastersMore Info
760-533-5343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.