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32107 Ortega Hwy - 6.94 Acre Mixed Use Property with Restaurant!

6.94 Acres of Commercial Land Offered at £1,017,184 in Lake Elsinore, CA 92530

Investment Highlights

  • 75 Year Established Restaurant on Property-A Southern California Icon!
  • 5.3 Usable acres that are zoned Commercial and Residential-LAND DEVELOPMENT OPPORTUNITIES!!!
  • 360 Degrees of Lake and Mountain Views!!

Property Facts

Price £1,017,184
Sale Type Investment or Owner User
Sale Conditions
Design & Build
  • Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Bar
  • Convenience Store
  • Hold For Development
  • Restaurant
  • Single Family Development
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
  • Strip Centre
  • Winery or Vineyard
  • Agricultural
  • Single Family Residence
Total Lot Size 6.94 AC

1 Lot Available

Lot

Price £1,017,184
Price Per AC £146,568
Lot Size 6.94 AC

For More Information, Call Robert Marshall 714.323.5636

Description

APN 386-100-021 : Parcel ranges ~2,300 - ~2,500 ft elevation, sloping up eastward Northmost ~2.5 acres zoned for commercial development (C-P-S) Southmost ~2.5 acres zoned for residential development (R-R) Remaining ~1.94 acreage is a small slice of Ortega Highway (easement), and undevelopable hillside slope. Infrastructure Installed: Two Wells & H2O Tank, Septic Tank, Leach Field, Propane Tank. Utilities: telephone, electric, and Internet installed on-site Click here to view their 180 degrees of gorgeous lake and mountain views! Click here to view the Riverside County parcel report.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
386-100-021
Land Assessment
£40,683
Improvements Assessment
£17,393
Total Assessment
£58,076

zoning

Zoning Code CPS 2 1/2 & RR 2 1/2 (Mixed Use - Residential and Commercial)
CPS 2 1/2 & RR 2 1/2 (Mixed Use - Residential and Commercial)
  • Listing ID: 25077214

  • Date on Market: 16/02/2022

  • Last Updated:

  • Address: 32107 Ortega Hwy, Lake Elsinore, CA 92530

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