31502 Riverside
Lake Elsinore, CA 92530
Listing broker / agent: Century 21 Masters · Edwin Huber · 562-419-4942 · CRMLS
MLS # DW26140807 · Last checked Oct 21, 2026 05:18 UTC
About this property
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 $425,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. Cap rate at $10,000 NNN is 6.82 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 $10,000 a month NNN Ringside Bar and Grill to be sold concurrently at $425,000 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
Property details
- MLS number
- DW26140807
- Status
- Active
- Type
- Commercial Sale
- Subtype
- Retail
- Lot size
- 0.33 acres
- Year built
- 1982
More property detailsCollapse
Listing
- Days on market
- 108
Building
- Year built
- 1982
- Year built source
- Assessor
- Building stories
- 1
- Entry level
- 1
- Roof
- Flat
- Living area source
- Estimated
Rooms & interior
- Heating
- Central
- Cooling
- Central Air
- Laundry
- None
Exterior & parking
- Lot features
- Zero To One Unit Acre, Corner Lot
- Lot size source
- Assessor
- Fencing
- Excellent Condition
Utilities & community
- Water
- Public
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Machado Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 0.4 mi |
| Lakeside High Lake Elsinore Unified · Lake Elsinore | 9–12 | 1.0 mi |
| Withrow Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 1.5 mi |
| Terra Cotta Middle Lake Elsinore Unified · Lake Elsinore | 6–8 | 1.6 mi |
| Elsinore Middle Lake Elsinore Unified · Lake Elsinore | 6–8 | 1.8 mi |
| Ortega High Lake Elsinore Unified · Lake Elsinore | 9–12 | 2.0 mi |
| Temescal Canyon High Lake Elsinore Unified · Lake Elsinore | 9–12 | 2.1 mi |
| Alberhill Elementary (school website, opens in a new tab) Lake Elsinore Unified · Lake Elsinore | K–5 | 2.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,759,000
- MLS-reported original asking price
- $1,759,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:31 | $1,759,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Lake Elsinore
Active residential homes for sale in Lake Elsinore, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
54 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-21 06:19 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗