GREAT DEVELOPMENT OPPORTUNITY FOR LONG TERM LAND LEASE AT $4,900 PER MONTH, OR PURCHASE IN THE GATEWAY DISTRICT. HOME ON PROPERTY WAS TORN DOWN, BUT PROVIDES FOR IMPACT FEE CREDITS, AND UTILITIES TO PROPERTY. SEWER IS 40 TO 50 FT. FROM PROPERTY. PROPERTY CONSISTS OF 4 PARCELS, AP#s 377-243-002, 003, 004, & 005, WITH 206 FT OF FRONTAGE ON MAIN ST. HIGH VISIBILITY WITH QUICK ACCESSIBILITY FOR BOTH NORTH & SOUTHBOUND ON & OFF RAMPS. A NEW SEVEN ELEVEN MARKET WITH GAS PUMPS IS ACROSS THE STREET FROM PROPERTY. CURB, GUTTER, SIDEWALK, & APPROACH ON PROPERTY. ZONING IS GATEWAY COMMERCIAL WHICH PERMITS SERVICE, PROFESSIONAL OFFICES, RETAIL, RESTAURANTS, DRIVE-THROUGH BUSINESSES, HOTEL, & MIXED USE. A 260 ACRE DEVELOPMENT, NAMED SPY GLASS RANCH, CONSISTING OF ESTATE RESIDENTIAL, LOW & HIGH DENSITY RESIDENTIAL, & MULTI-FAMILY, HAS BEEN APPROVED ON THE OTHER SIDE OF THE FREEWAY. SITE PLAN SHOWS PROPERTY WILL SUPPORT A 3,500 SQ. FT. BUILDING WITH DRIVE THROUGH, AND 35 PARKING SPACES. PLEASE VERIFY INFORMATION WITH THE CITY OF LAKE ELSINORE.
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