Excellent business opportunity, owner moving out of State,established Mediterranean/Persian Restaurant since 2010, great location in the heart of Lake Elsinore, next to I-15 Freeway and Diamond Dr., low rent with great lease options, $576,000 approx gross sales. beer and wine license included, approx 2,000 sqft indoor and approx 600 sqft outdoor seating, 54 person indoor capacity, bar, two baths, fully equipped kitchen, walking cooler and many more...
Capitalizing on the eclectic American interpretation of neo-Moorish vernacular architecture, Frank Ferris and business partner Franklyn Heald built their Crescent Bath house directly across the street from California Southern Railroad train station on the corner of Graham and Spring Street. Colorful bulbous spires and intricately crafted inverted horseshoe arches that frame windows and doorways accentuate its exotic, other worldly Victorian architecture- surely a sight for weary Mid-westerners seeking respite from their lengthy journey. Ten private baths along an eighty-five foot long corridor to the rear of the building provided treatment for a variety of ailments that were often treated with the healing mineral baths. Although currently used as an antique store, potential reuse as a spa or bath house is distinctly in the realm of possibility. Placed on the National Register of Historic Places in 1975, significant restoration tax credits apply, adding a monetary value.
Great Income Property. 2-story apartment building with 2 units downstairs and 2 upstairs. Separate building has a 3-car garage with ample parking in back and main building has 2 garage spaces. Lake view seen from building. Community laundry facility. Can she shared with other building for extra income. Easy stroll to the lake, library, and 'historic main street' shops. Little league fields, the Sheriffs office, and lake picnic beach are also very close. New in ground plumbing. All copper inside out.
Price actually includes 2 APN's. Also 34667 Borchard is included. 2 properties are all together on about 2 1/2 acres. Total of 4 buildings, 6 units plus garages that are renting for a total of $6000 per month! Main house is over 3000 square feet and includes a swimming pool and views of the lake and the parachutes landing at the airport. Tenants are long term and wish to stay! Great rent numbers for the price. Look up both properties and ask for more info.
Live in one and rent the other, great property for 2 families. front has 3 bedrooms and 1 bath, rear unit has 2 bedroom and 1 bath. Large lot with 2 car garage and private rear yard. Close to all amenities and schools.