Millman Team Real Estate

$1,759,000
0.33 Acre Lot

31502 Riverside, Lake Elsinore, California 92530

  • Commercial Sale Property Type
  • 1982 Year Built
Property Description

Acquire a rare opportunity to own both the real estate and the established Ringside Bar & Grill in the growing community of Lake Elsinore, California. The real estate must be purchased in conjunction with the business, which is offered separately at $379,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation.

The property features a 2,776-square-foot freestanding building that underwent extensive renovations in 2022, creating a modern, attractive, and welcoming environment for patrons. Originally constructed in 1982, the property has been thoughtfully updated and is well-positioned for continued success.

Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term growth potential. Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate, this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction.

2,776 SF building with an additional 800 SF covered patio

Built in 1982 Renovated in 2022

Zoned CP

Located on Ortega Hwy just as you come into Lake Elsinor.

Cap Rate is based on Market rent of $12,000 a month NNN

Ringside Bar and Grill to be sold concurrently at $379,000

Includes a Type 48 liquor license

Seats 99 persons

10 beer taps, and 3 wells behind the bar

Touchtunes jukebox

Multuple Samsung Smart TVs

Sound system with DJ set up

Flat top grill

Two fryers

Pizza Oven

Basic Details
Commercial Sale
For Sale
DW26140807
$1,759,000
1982
0.33 Acre
Active
Retail
: Flat
Features
: Central
: Central Air
: Excellent Condition
: None
$0
Address Map
CA
Riverside
Lake Elsinore
92530
Riverside
31502
W118° 37' 46.9''
N33° 40' 47.7''
Corner of Joy St and Riverside Dr
SRCAR - Southwest Riverside County
Additional Information
$0
$0
$0
$0
$0
2776
Bar/Tavern/Lounge
1
: 0-1 Unit/Acre, Corner Lot
2026-06-28
1
: Public
Broker/Agent Information
Century 21 Masters
Edwin Huber
Listing Information
Leticia Vega
IGVEGALET
IGCFR02
Century 21 Masters
YHUBEEDW
DWCYK
Cash to New Loan,Owner May Carry
Active
2026-06-28T23:34:28Z
CRMLS
: Standard
2026-06-28T14:44:00Z
Agent info
Ray Millman
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