Ignite FB Tracking Pixel18261 Collier Avenue, Lake Elsinore, CA 92530 - Blanca Portillo
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7
listing
1 of 7
CommercialSold
List Price $4,950,000
Sold Price $4,400,000
18261 Collier Avenue
Lake Elsinore, CA 92530
Listed by Kris McGee [email protected] eXp Realty Of California, Inc.
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$25,651/mo

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."

Get in touch
Information courtesy of eXp Realty Of California, Inc. is subject to verification and is not guaranteed.
Community / School Information