Freestanding Bar & Grill
For Sale
$1,759,000
31502 Riverside, Lake Elsinore, CA 92530
Commercial Sale, Lake Elsinore, CA
Property Size2,776 SF
Price / SF$633.65
Days on Market65
Property Features for 31502 Riverside
General Information
Property type
Residential
Property subtype
Retail
Directions
Corner of Joy St and Riverside Dr
Subdivision
SRCAR - Southwest Riverside County
Standard status
Active
APN
379191029
Utilities
Cooling system
Central Air
Amenities
covered patio
Building Details
Year built
1982
Listing Agency:
Century 21 Masters · Century 21 Real Estate
(562) 927-2626
Listed By:
Edwin Huber · License #01314032
(562) 419-4942
Added: Jun 28
Changed: Aug 28
Last Checked: Aug 31 at 1:06PM
MLS# DW26140807
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This freestanding bar and grill property includes a 2,776-square-foot building with an additional 800-square-foot covered patio. Originally built in 1982, the building was renovated in 2022 and is equipped for restaurant and bar operations. The premises accommodate 99 persons and include a Type 48 liquor license, 10 beer taps, three wells behind the bar, a Touchtunes jukebox, multiple Samsung Smart TVs, and a sound system with DJ setup. Kitchen equipment includes a flat-top grill, two fryers, and a pizza oven.
The property is located on Ortega Hwy near the entrance to Lake Elsinore and is zoned CP (Commercial Professional). The Ringside Bar and Grill business is to be sold concurrently with the real estate. The offering carries a 6.82% cap rate based on market rent under an NNN structure.
The property is located on Ortega Hwy near the entrance to Lake Elsinore and is zoned CP (Commercial Professional). The Ringside Bar and Grill business is to be sold concurrently with the real estate. The offering carries a 6.82% cap rate based on market rent under an NNN structure.
Key Highlights
- 2,776‑square‑foot freestanding building with an additional 800‑square‑foot covered patio
- Renovated in 2022; originally built in 1982
- Type 48 liquor license and seating for 99 persons
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
71k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Shops & Services 29%
Dining 23%
Albertsons
Groceries
34,086 visits/mo
0.5 miles
Starbucks
Dining
14,849 visits/mo
0.4 miles
ARCO
Shops & Services
7,607 visits/mo
0.4 miles
Chevron
Shops & Services
5,614 visits/mo
0.4 miles
AutoZone
Shops & Services
4,430 visits/mo
0.5 miles
Demographics for 92530, CA
59,098
Population
18,502
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
77.1 sq mi
ZIP Area
767
Density / Sq Mi
$84,799
Median Household Income
$41,138
Median Earnings
$1,705
Median Rent
$467,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Rise Up Nutrition — 31737 Riverside Dr unit d, Lake Elsinore, CA 92530
- 74 Family restaurant and Cantina — 31701 Riverside Dr d, Lake Elsinore, CA 92530
- Ringside Bar & Grill — 31502 Riverside Dr, Lake Elsinore, CA 92530
- La Nueva Michoacana Restaurant — 17053 Lakeshore Dr, Lake Elsinore, CA 92530
- Venadeichon fut-pool, bar & karaoke — 17246 lakeshore dr, lake elsinore, ca 92530
Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated hospitality property with a covered patio, Type 48 liquor license, and established bar-and-grill business sold concurrently.
Where is this bar & pub located?
The property is located at 31502 Riverside Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $1,759,000.
What are key features of this property?
This property features: 2,776‑square‑foot freestanding building with an additional 800‑square‑foot covered patio; Renovated in 2022; originally built in 1982; Type 48 liquor license and seating for 99 persons
