Marti Kilby, CRS

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927 & 925 W Main St
East County El Cajon 92020

$1,300,000
Com-Lnd/Rn/Grv

Main Photo: Property for sale: 927 & 925 W Main St in El Cajon
Photo 1: Property for sale: 927 & 925 W Main St in El Cajon
Photo 2: Property for sale: 927 & 925 W Main St in El Cajon
Photo 3: Property for sale: 927 & 925 W Main St in El Cajon
Photo 4: Property for sale: 927 & 925 W Main St in El Cajon
Photo 5: Property for sale: 927 & 925 W Main St in El Cajon
Photo 6: Property for sale: 927 & 925 W Main St in El Cajon
Photo 7: Property for sale: 927 & 925 W Main St in El Cajon
Photo 8: Property for sale: 927 & 925 W Main St in El Cajon
Status:
Active
Prop. Type:
Com-Lnd/Rn/Grv
MLS® Num:
200048462
2 parcels for sale for redevelopment in new Green Street Gateway on Transit District of El Cajon. These lots must be sold together per the City of El Cajon for mixed use project of retail & restaurants ground level with some units above. SEE El Cajon's new plans for redevelopment requirements. Great location right off of HWY 8 on W Main St. This area is to be redeveloped to create a walking district similar to that of North Park. City wants to see a pedestrian friendly development of shops and restaurants to suit the needs of nearby dealership employees, neighborhoods and local businesses. Bring your developers to see the great location. These two parcels have tenants for over a decade and $5700/month in combined income. City recently upgraded the sewer and water pressure underground directly in front of these parcels to better suit the needs of upcoming business and population to come. Buyer and Agent to do their due diligence on all City Upgrades, Development Requirements and all claims.
Lease Price:
5700
Price Per SqFt:
120.59
Sq Ft Source:
Assessor Record
Lot Size Commercial:
.25 Acres or less
Lot Details:
10780
Topography:
Level
County:
San Diego
Market Area:
East County
Gross Taxes:
4325.0
For Tax Year:
2019
Incorporated:
Yes
Cap Rate.:
4.8
Exit HWY 8 at Main St and head east two signals. Property is on the south side of W. Main St. heading east into El Cajon.
Short Sale:
No
Listing Type:
Exclusive Right (R)
Farm Building:
appx 1650 sf on 2nd parcel 487-282-29-00
Zoning:
commercial
Possible new zoning:
Commercial
Present Use:
Commercial, Industrial, Unimproved
Paved Streets:
y
Fencing:
y
Tract Name:
2028
Land Type:
Lots/Land (Improved), Lots/Land (Unimproved)
Land Percent:
70
Utilities:
Cable TV, Electric, Sewer, Telephone, Water
City Water:
Yes
Water district:
HELIX WATER DISTRICT
Development Status:
Raw Land
Improvements:
Lighting
Parcel Number:
487-282-28-00
Sales Restrictions:
Call Agent
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Listed by Pacific Coast Commercial
Data was last updated October 26, 2021 at 07:10 AM (UTC)

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