201 Graham Ave Lake Elsinore, CA 92530

This stunning, two-story, 6,817 square foot free-standing retail building, located at 201 W. Graham Ave. in historic Old Town Lake Elsinore, California (92530), presents a unique investment opportunity. Built in 1887 and extensively renovated in 2019, this Moorish-style architectural gem boasts a rich history and exceptional character. The property sits on a 0.46-acre lot and includes 30 parking spaces. Originally constructed from redwood and built atop an artesian well, the building retains ten ceramic-lined mineral bathrooms, a testament to its unique past. The upper floor has been thoughtfully remodeled into a full apartment with its own bathroom. The building offers scenic views of Old Town Lake Elsinore and the lake itself. Its versatile design lends itself to a variety of commercial uses, including, but not limited to, a bed and breakfast, wedding venue, spa, or office building. The asking price is $1,199,000. The property's APN is 374-172-013. Seller financing may be available. This is a rare chance to own a piece of Lake Elsinore's history and capitalize on its significant potential.