There are multiple listings for this address:
$1,398,888
118 N Main
Lake Elsinore, CA, 92530
Property Description
Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside.
The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses.
The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.
According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.
Flexible investment options:
– Owner-user opportunity: Operate your business on the ground floor and reside upstairs.
– Dual-income potential: Lease both the commercial and residential units for maximum cash flow.
– Value-add upside: Benefit from continued downtown growth and infrastructure investment.
The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.
With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.
The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses.
The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.
According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.
Flexible investment options:
– Owner-user opportunity: Operate your business on the ground floor and reside upstairs.
– Dual-income potential: Lease both the commercial and residential units for maximum cash flow.
– Value-add upside: Benefit from continued downtown growth and infrastructure investment.
The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.
With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.
Property Details
Price:
$1,398,888
MLS #:
DW25237444
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Neighborhood:
699notdefined
Listed Date:
Oct 10, 2025
Total Sq Ft:
2,941
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1920
Schools
Interior
Heating
CF
Laundry Features
NO
Exterior
Financial
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Courtesy of ReMax Sky. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 118 N Main
Lake Elsinore, CA
$1,398,888
118 N Main
Lake Elsinore, CA, 92530
Property Description
Positioned in the core of Lake Elsinore’s revitalized downtown corridor, this well-located mixed-use asset presents a compelling opportunity for investors and owner-users seeking stable income with long-term upside.
The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses.
The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.
According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.
Flexible investment options:
– Owner-user opportunity: Operate your business on the ground floor and reside upstairs.
– Dual-income potential: Lease both the commercial and residential units for maximum cash flow.
– Value-add upside: Benefit from continued downtown growth and infrastructure investment.
The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.
With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.
The property features a street-level retail storefront with strong frontage and visibility along the Main Street corridor—ideal for retail, restaurant/café, professional office, or service-oriented uses.
The second level comprises a spacious 4-bedroom, 1-bathroom residential unit, creating a built-in income stream or an ideal live/work configuration.
According to the homeowner, the bottom retail space is approx. 2,941 sq ft, and the upstairs is approximately 1,104 sq ft.
Flexible investment options:
– Owner-user opportunity: Operate your business on the ground floor and reside upstairs.
– Dual-income potential: Lease both the commercial and residential units for maximum cash flow.
– Value-add upside: Benefit from continued downtown growth and infrastructure investment.
The property is located within the City’s active Downtown Revitalization Initiative, which includes the development of the new City Hall at Main and Graham, pedestrian and streetscape improvements, and ongoing infrastructure upgrades designed to enhance walkability and commerce.
With increasing demand in one of Southern California’s fastest-growing communities, this asset offers a strategic blend of retail exposure, residential income, and long-term appreciation potential.
Property Details
Price:
$1,398,888
MLS #:
DW26037236
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
699notdefined
Listed Date:
Feb 19, 2026
Total Sq Ft:
2,941
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1920
Schools
Interior
Heating
CF
Laundry Features
NO
Exterior
Financial
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a Showing
