29489 3rd St - Commercial LAND FOR SALE


Lake Elsinore, CA 92532 45,612 SF
$1,500,000 USD
951-294-1840
29489 3rd St, Lake Elsinore, CA for Sale
$1,500,000 USD
Commercial LAND - FOR SALE
1/1
45,612 SF

29489 3rd St
Lake Elsinore, CA 92532


HIGHLIGHTS

  • CMU zoning allows for diverse residential and commercial development options.
  • Located near Walmart, Costco, Home Depot, and other national retailers.
  • Immediate access to Interstate 15 via Main Street and Central Avenue exits.
  • Surrounded by established dining, fitness, and service amenities.
  • Flexible zoning supports live-work units, medical offices, and retail uses.
  • High-visibility location in a growing Lake Elsinore commercial corridor.

OVERVIEW

This 1.06-acre property in Lake Elsinore offers exceptional redevelopment potential within the CMU (Commercial Mixed Use) zoning district. The site allows for a wide range of uses, including multifamily housing, retail, medical offices, and live-work units, with additional opportunities through Conditional Use Permits. Located adjacent to major national retailers such as Walmart, Costco, Home Depot, and LA Fitness, the property benefits from strong consumer traffic and established commercial synergy. Convenient access to Interstate 15 via Main Street and Central Avenue enhances regional connectivity, making this an attractive investment for developers and investors seeking a versatile site in a growing market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/ACRE

$1,432,465/AC

PRICE/SF

$33 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

1.05 AC

LAND SF

45,614 SF

OFFSITE IMPROVEMENTS

-

ZONING

CMU

APN/PARCEL ID

377-090-033

ASK ABOUT THIS PROPERTY

Richard KnappColdwell Banker RealtyMore Info
951-294-1840

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Richard KnappColdwell Banker RealtyMore Info
951-294-1840

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