Find Your Next Home in California or Idaho

Explore current listings across California and Idaho with expert guidance to help you move forward with clarity and confidence.

Save
Ask
Tour
Hide
Share
$1,398,888
4 Days On Site

118 N Main
Lake Elsinore, CA 92530

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
2,941
SqFt
$476
/SqFt
1920
Built
County:
Riverside
Listed by Olluky Lopez of ReMax Sky ollukylopez@gmail.com
Call Now: 951-704-6370
Is this the listing for you? We can help make it yours.
951-704-6370
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$6,382
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,398,888
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,941 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1920
MLS® Number 
DW26037236
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
See Remarks
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.09
Additional Property Use 
CommercialResidentialSingle FamilySee Remarks
Land Lease 
No
Number Of Stories 
2
Property Sub Type 
Mixed Use
Special Circumstances 
Notice Of Default
SqFt Total 
2941
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
None
Save
Ask
Tour
Hide
Share
Community Features
Financing Terms Available 
CashConventional
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share
Scroll to Top