31887 Corydon Rd - Warehouse CONDO FOR SALE


Lake Elsinore, CA 92530
$1,500,000 USD
951-445-4508
31887 Corydon Rd, Lake Elsinore, CA for Sale
$1,500,000 USD
Warehouse CONDO - FOR SALE
1/12
null | Request Cap Rate

31887 Corydon Rd
Lake Elsinore, CA 92530


HIGHLIGHTS

  • Heavy power (exact specs to be verified)
  • HVAC: 22 roof-mounted units
  • Doors: Two (2) ground-level doors (12’ x 12’ each)
  • M-1 Limited Manufacturing (City of Lake Elsinore – tenant to verify)

OVERVIEW

This ±6,501 square foot industrial condo offering is located within the Alesco Blue Lake II Business Park, situated on the border of Wildomar and Lake Elsinore, CA. The property consists of two units—Unit 150 at 2,897 SF and Unit 160 at 3,604 SF—within a larger multi-tenant industrial complex. Zoned M-1 Limited Manufacturing (City of Lake Elsinore; tenant to verify), the units feature 18-foot clear ceiling heights and two ground-level doors measuring 12’ x 12’ each. The space is equipped with heavy power (specifications to be verified), 22 roof-mounted HVAC units, and three restrooms. With close proximity to the I-15 freeway, this location offers excellent access for logistics and transportation. Additionally, the property is offered at a discounted price due to substantial improvements made by the previous tenant, presenting a strong value opportunity.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

35,500 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

M1, Lake Elsinore

APN/PARCEL ID

370-031-008,370-031-014

ASK ABOUT THIS PROPERTY

Michael StrodeLee & AssociatesMore Info
951-445-4508

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Michael StrodeLee & AssociatesMore Info
951-445-4508

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