925 W Main St, El Cajon, CA 92020
925 W Main St, El Cajon, CA 92020
925 W Main St, El Cajon, CA 92020
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$898,800
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5,198 Sqft Lot
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925 W Main St El Cajon, CA 92020

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial-Off/Rtl/Ind

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250032122

Lot Size 5,198 Sqft

Property Sub-Type Commercial-Off/Rtl/Ind

Property Description

You can see the City has been slowly investing in the area with new sidewalk, ADA ramp, commercial waterflow at street, new street MAJOR PRICE REDUCTION!!! 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. ALL FOUR PARCELS INCLUDING THE DISCOUNTED PORTFOLIO SALE HAVE HAD A MAJOR PRICE REDUCTION>Seller has all four parcels on the market for $3,388,888 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

Direction 8 East to W. Main St., exit right, one block past Marshall at corner of Millar and W. Main on the right. Third property in.

Interior

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

Flooring Slab, Wood

Fireplace No

Exterior

View Y/N No

Building

Lot Description Free Standing

Others

Senior Community No

Tax ID 487-282-29-00

Acceptable Financing Cash, Cash to New Loan, Exchange Up

Listing Terms Cash, Cash to New Loan, Exchange Up

Special Listing Condition Housing & Urban Develpmnt

Virtual Tour https://www.propertypanorama.com/instaview/snd/250032122

MLS Router / San Diego MLS
Listed by Lesha A Montoya, DRE#02007808 Pacific Coast Commercial 

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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