925 W Main St new

El Cajon,CA 92020

$ 1300000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250032122

Property Sub-Type Commercial-Off/Rtl/Ind

Property Description

OWNER USER/LIVE WORK or REDEVELOPMENT MIXED USE!! Pic in tax records is incorrect and shows 2 parcels not just one. Each for sale individually. 925 W. Main Office/retail Live/Work unit has approx. 6-8 parking spaces,, fully fenced and frontage on W. Main St. with 1650 +/- SF building on .12 AC Lot or 5,198 +/- SF. This parcel has a long time tenant m-m paying $4700/month or a gross income of $56,400 which could help with expenses during the entitlement period for this parcel or a collection of parcels. Seller has all four parcels on the market for $4,900,000 in a discounted portfolio sale. From the City to Seller: "We're thrilled to announce a major revitalization of downtown El Cajon! The Downtown El Cajon Business Partners have teamed up with New City America – a nationally recognized urban revitalization firm – to re-energize our city's historic heart. Leading the charge is Marco Li Mandri, the visionary best known for transforming San Diego's Little Italy into a vibrant destination as well as the Third Avenue Village in Chula Vista. With over 30 years of experience revitalizing communities, Marco will serve as the new Executive Director for downtown El Cajon, bringing fresh ideas and proven expertise to Main Street."

Location

State CA

County San Diego

Area East County

Zoning Mixed Use

Interior

Cooling Central Forced Air Elec,Central Forced Air Gas,Wall/Window

Flooring Slab,Wood

Exterior

View Y/N No

Building

Lot Description Free Standing

Others

Special Listing Condition Housing & Urban Develpmnt

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