Renovated Bar & Grill
For Sale
$1,759,000
31502 Riverside, Lake Elsinore, CA 92530
SINGLE_FAMILY - Lake Elsinore, CA
Property Size2,776 SF
Price / SF$633.65
Days on Market47
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
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 12
Last Checked: Aug 13 at 12:06PM
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 offering is for the real estate component of a freestanding Ringside Bar & Grill property in Lake Elsinore, California. The building was originally constructed in 1982 and underwent extensive renovations in 2022. The premises include a covered patio, and the sale is structured to be purchased in conjunction with the established operating business.
The property is zoned CP (Commercial Professional) and is located on Ortega Hwy as you come into Lake Elsinor. The concurrent business includes a Type 48 liquor license, seating for 99, 10 beer taps, and three wells behind the bar, along with guest entertainment and operations equipment including 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 pro forma includes a $10,000 monthly NNN assumption with a stated 6.82% cap rate.
The property is zoned CP (Commercial Professional) and is located on Ortega Hwy as you come into Lake Elsinor. The concurrent business includes a Type 48 liquor license, seating for 99, 10 beer taps, and three wells behind the bar, along with guest entertainment and operations equipment including 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 pro forma includes a $10,000 monthly NNN assumption with a stated 6.82% cap rate.
Key Highlights
- 2,776 SF freestanding commercial building plus 800 SF covered patio, built in 1982 and renovated in 2022
- Zoned CP (Commercial Professional) and located on Ortega Hwy just as you come into Lake Elsinor
- Central air included
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
- Venadeichon fut-pool, bar & karaoke — 17246 lakeshore dr, lake elsinore, ca 92530
- Ringside Bar & Grill — 31502 Riverside Dr, Lake Elsinore, CA 92530
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- 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
Frequently Asked Questions
What type of property is this?
Bar & Pub - Freestanding bar and grill building renovated in 2022 with a covered patio and CP zoning.
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 SF freestanding commercial building plus 800 SF covered patio, built in 1982 and renovated in 2022; Zoned CP (Commercial Professional) and located on Ortega Hwy just as you come into Lake Elsinor; Central air included
