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Office Condo with Parking

1174 BROADWAY Unit 102 El Cajon, CA 92021

1174 BROADWAY Unit 102, El Cajon, CA, 92021
$400,000
For Sale
$400,000

Commercial condo unit includes 1/2 bath and 1,060 sq. ft., suited for small business use with parking access.

Property Size1,060 SF
Price / SF$377.36
Days on Market401

Property Features for 1174 BROADWAY Unit 102

General Information

Standard status
Active
Size
1,060 SF
Property subtype
Mixed Use

Building Details

Year Built
1970
Listing agency Keller Williams Realty
Listed by Gregg Phillipson · License #01153857
Source Xome
Added: Jun 17, 2025 Updated: Jul 22 at 9:47AM Checked: Jul 22 at 9:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty


Investment Insights

Based on property information with market context.

This commercial condo unit for sale is designed for small business operations and includes 1/2 bath within approximately 1,060 square feet.

The property is located at 1174 Broadway, Unit 102 in El Cajon, and is described as having parking and strong visibility for business customers.

The building features the listed unit size and a single half bath, providing a straightforward setup for an office or retail-oriented use where a compact layout is needed.

Key Highlights

  • Commercial condo in El Cajon zoned COMMERCIAL
  • Approximately 1,060 sq ft commercial condo unit with a 1/2 bath
  • Level topography; lot/exterior noted as level

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $23.9k $22.56
− Vacancy −$3.1k −$2.91
EGI $20.8k $19.65
− OpEx −$5.2k −$4.91
NOI $15.6k $14.74
1,060 SF · lease $22.56/SF/yr · vacancy 12.90% · expense 25.00%

Alternative Uses

Best Use
Office B
$223.2K
$195.3K – $260.4K (±1% cap)
NOI $15,622 @ 7.0% cap · market cap 3.91%
Second Best
Retail
$182.8K
$159.9K – $213.2K (±1% cap)
NOI $12,794 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$263.4K
$230.5K – $307.3K (±1% cap)
NOI $18,436 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Bob Peterson - State ... Insurance Agency Robert Peterson Insurance ... Insurance Agency Hair by Jessica ... Hair Salon Dream Fountain cafe ... Bakery Eastside Community Church Church

Suggested Use

Law Firm Parking Lot & Garage Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Travel Agency Florist Tanning Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Commercial condo unit includes 1/2 bath and 1,060 sq. ft., suited for small business use with parking access.
Where is this office units located?
The property is located at 1174 BROADWAY Unit 102 El Cajon, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Commercial condo in El Cajon zoned COMMERCIAL; Approximately 1,060 sq ft commercial condo unit with a 1/2 bath; Level topography; lot/exterior noted as level
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