Lake Elsinore CA  home offered at $4,950,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

18261 Collier Avenue
Lake Elsinore, California CA 92530-2796
Sold For: $4,400,000
Listing ID: SW22196875
Price/SqFt: $233.10
Status: Closed
Sold Date: 12/15/2022
SqFt: 18,876 Sq Ft
Year Built: 2002

Terrific opportunity to obtain a highly visible 18,876 multi-tenant Industrial building on a hard signalized corner in a great location across from Home Depot just off I-15 in the heart of Lake Elsinore. The building sits on 1.22 acres with 45 parking spaces and is fully leased to three tenants with Sherwin Williams as the anchor tenant on a new 10-year lease. Value add opportunity with two of the tenants paying under market rent. Currently being operated as an owner-user industrial/flex building with mostly office/showroom/retail and industrial warehouse uses. Zoned CM-Commercial Manufacturing. See supplements for all permitted uses. "The intent of the C-M district is to provide opportunities consistent with the General Plan for uses that combine commercial and industrial characteristics and for certain commercial uses which require large display or storage areas. Properties assigned this designation shall be located on streets that are categorized as secondary, major, or arterial highways in order to accommodate the intensity of use and increased truck traffic associated with the C-M district and, also, to ensure a high degree of visibility to benefit the commercial aspects of the businesses. In a like manner, C-M projects should demonstrate a higher quality of appearance befitting their more commercial nature than would a typical industrial project."

Primary Features

County: Riverside
Price/SqFt: 233.1
Property Sub Type: Industrial
Property Type: Commercial Sale
Year Built: 2002
Zoning: CM

Interior

Building Area Units: Square Feet
Condo Area Units: Square Feet
Laundry Features: None
Stories Total: 1

External

Construction Materials: Concrete
Lot Size Source: Assessor
Minimum Total Area Units: Square Feet
Number Of Buildings: 1
Parking Ratio: 5
Parking Total: 45
Topography: Flat
Uncovered Spaces: 45
Water Source: Public

Location

Country: US
MLS Area Major: SRCAR - Southwest Riverside County

Additional

Additional Parcels: no
Asset Class: Industrial
Building Status: Existing
Co List Agent State License: 01766858
Co List Office State License: 01878277
Days On Market: 96
Industrial Type: Warehouse/Office
Land Use: Industrial
List Agent State License: 01996570
List Office State License: 01878277
Max Total Area Units: Square Feet
Number Of Units Leased: 3
Number Of Units Total: 4
Parcel Number: 377120039
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Financial

Special Listing Conditions: Standard

Zoning Info


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Based on information from CARETS as of Thursday, March 28th, 2024 01:45:37 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: KrisMcGee, DRE #01996570 from eXp Realty of California, Inc. 888-832-7179

Contact - Listing ID SW22196875

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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