925 W Main St El Cajon, CA 92020
Mixed-use property with live/work unit and redevelopment potential.
Lot size:
0.12 AcresProperty Features for 925 W Main St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.12 Acres
Source:
Elliman
Listing Agent: Lesha Montoya
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
El Cajon Mixed-Use Opportunity
This mixed-use property, suitable for an owner-user or redevelopment, features a live/work unit. The property at 925 W. Main Street includes approximately 6-8 parking spaces and is fully fenced. It has frontage on W. Main Street and includes a building of approximately 1650 square feet on a 0.12-acre lot, which is about 5,198 square feet. The property is currently occupied by a tenant on a month-to-month lease, generating a gross monthly income of $4,700, or $56,400 annually. This income could assist with expenses during the entitlement period. The City of El Cajon is undergoing a major revitalization of its downtown area. The city has advised that AB 2011 and SB6 may allow for increased housing and potential variances in approval for additional units above the required mixed-use zoning. The seller also owns the neighboring three parcels, which could be acquired together for a larger mixed-use development. The assemblage of all four parcels would total just over 21,000 square feet. All four of these parcels are for sale for the first time in 40 years.
Location Intelligence
Current Use by Public Records
Live-work space
Location Insight
- Map
- Local Demand
- City
- El Cajon
- County
- San Diego
- State
- California
- Longitude
- -116.9739111
- Latitude
- 32.7947021
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with live/work unit and redevelopment potential.
Where is this mixed-use property located?
The property is located at 925 W Main St El Cajon, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Prime redevelopment opportunity in revitalizing downtown El Cajon.; - Potential for increased housing density due to AB 2011 and SB6.; - Opportunity to acquire a 4-parcel portfolio (totaling just over 21,000 SF) at a discounted price of $4,900,000.
