939 Main St El Cajon, CA 92020
- Auto shops
- 0.12 lot acres
Current Use by Public Records
- BMW Transmissions / Transmission Shop
Property Details for 939 Main St
- Lot size
- 0.12 lot acres
- Zone code
- COMMERCIAL
- Property type
- Auto shops
- APN
- 487-282-31-00
- APU
- 4872823100
Description
This exceptional 3,800 square foot warehouse, situated on a 5,219 square foot lot at 939 W Main St, El Cajon, CA 92020, presents a compelling investment opportunity. The property boasts a high-visibility corner location on W. Main Street, conveniently situated just off Highway 8 ramps. Its location within El Cajon's Transit District Specific Plan makes it ideally suited for mixed-use redevelopment, aligning with the city's vision for revitalization. The asking price is $2,500,000. This existing industrial warehouse offers significant potential for redevelopment into retail, office, and residential spaces, capitalizing on the city's encouragement of such projects. The seller is open to discussing the acquisition of three additional adjacent parcels, totaling over 21,000 square feet, in a separate transaction, allowing for a larger-scale mixed-use development. These adjacent parcels include a vacant lot and a commercial building with existing tenants generating approximately $5,700 monthly income. The property's proximity to the trolley line and a residential neighborhood further enhances its appeal. Potential buyers should investigate the applicability of state laws AB2011 and SB6, as well as SB 9 & SB 10, to explore zoning variances and increased housing density options. This property offers a unique chance to participate in the transformation of a key area in El Cajon.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- El Cajon
- County
- San Diego
- State
- California
- Longitude
- -116.974
- Latitude
- 32.7947
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
