15712 Grand Unit #2, Lake Elsinore, CA 92530

$1,569,000
List Price
$1,569,000
Price Change
▼ $280,000 1685065597
MLS#
230006024
Status
ACTIVE
Type
Land
Neighborhood
Lake Elsinore

Property Description

HUGE PRICE IMPROVEMENT!! Prime investment opportunity on the Lake. Seller has plans for retail at the front of Grand Ave. Perhaps a coffee/smoothie convenience store. A motel in the middle and a restaurant near the lake with a boat launch and beachfront to take advantage of the area. The City owned boat landing on the North side of the lake has been a huge success. Leverage that success the City has enjoyed by adding another great location for boaters to get together for dining and beach activities. Seller had partial entitlements for Wakerider project from City of Lake Elsinore. Could possibly be updated.

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Calculator source: Real Geeks

Courtesy of Erwin Realty, Jeff Erwin.