18261 Collier Avenue, Lake Elsinore, CA 92530
18261 Collier Avenue, Lake Elsinore, CA 92530
18261 Collier Avenue, Lake Elsinore, CA 92530
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Kris McGee • eXp Realty of California, Inc.
$4,950,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SW-22196875

Year Built 2002

Property Sub-Type Industrial

Property Description

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."

Location

State CA

County Riverside

Zoning CM

Interior

Laundry None

Exterior

Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected

Building

Lot Description Level with Street, Lot Over 40000 Sqft, Paved, Rectangular Lot, Corner Lot

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Nearby School & Business

Paul Ward
Paul Ward

Broker Associate License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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