El Cajon, CA 92020,925 W Main St
El Cajon, CA 92020,925 W Main St
El Cajon, CA 92020,925 W Main St
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Melissa Seanez

Melissa Seanez

+1(626) 723-6030
$1,300,000
Est. payment /mo
5,196 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250032122SD

HOA Y/N No

Lot Size 5,196 Sqft

Property Description

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. Seller has all four parcels on the market for $4,900,000 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." City of El Cajon advised us that AB 2011 and SB6 may allow for increased housing from the state level and to see if this industrial area and any conversions to residential units will allow for any variances in approval for additional units above the required mixed-use zoning set into place by City of El Cajon. ***Drone shows more than just this address, but also the other three parcels that may be acquired by one or more buyer. The seller owns the neighboring 3 parcels also shown in this drone. Assemblage would be to both west and east for a 4-parcel portfolio sale. This assemblage allows for a developer to acquire four parcels for a larger mixed-use development. Other parcels shown in drone are 927 W. Main Street, a vacant lot offered at $1,100,000 and 935 W. Main Street, a mechanics shop offered at $1,500,000 (listed, but off market as tenant has first right of refusal on Mechanics shop), and 939 W. Main Street, a vacant warehouse offered at $2,100,000. Seller is interested in a possible portfolio sale from corner of W. Main Street/Millar Avenue to the first dirt lot with the right buyer looking for a larger project totaling just over 21,000 SF with all four lots combined. Portfolio is offered at a discounted price of $4,900,000. THIS IS THE FIRST TIME IN 40 YEARS ALL FOUR OF THESE PARCELS ARE FOR SALE.

Location

State CA

County San Diego

Area 92020 - El Cajon

Zoning Mixed Use

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Others

Tax ID 4872822900

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

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CRMLS – RECore
Listed by Lesha Montoya Pacific Coast Commercial

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    College Preparatory Middle School

    Public | 5 - 8

  • 9

    Fletcher Hills Elementary School

    Public | PK - 6

  • 9

    Murdock Elementary School

    Public | KG - 6

  • 8

    Literacy First Charter

    Public | KG - 12

  • 8

    Fuerte Elementary School

    Public | KG - 5

  • 7

    PRIDE Academy

    Public | KG - 8

  • 7

    Pepper Drive School

    Public | KG - 8

  • 7

    Rancho San Diego Elementary School

    Public | KG - 5

  • 7

    Bostonia Elementary School

    Public | PK - 5

  • 6

    Chet F. Harritt School

    Public | KG - 8

  • 6

    Gage Elementary School

    Public | KG - 5

  • 6

    Lemon Avenue Elementary School

    Public | KG - 6

  • 6

    Northmont Elementary School

    Public | KG - 6

  • 6

    Flying Hills School of the Arts

    Public | PK - 6

  • 5

    Learning Choice Academy

    Public | KG - 12

  • 5

    Eje Elementary Academy Charter

    Public | KG - 5

  • 5

    Avocado Elementary School

    Public | KG - 5

  • 4

    Spring Valley Academy - An International Baccalaureate School

    Public | 5 - 8

  • 3

    Anza Elementary School

    Public | PK - 5

  • 2

    Chase Avenue Elementary School

    Public | PK - 5

Middle Schools 7
  • 8

    Magnolia Science Academy San Diego

    Public | 6 - 8

  • 8

    Eje Middle Academy

    Public | 6 - 8

  • 7

    Parkway Middle School

    Public | 7 - 8

  • 4

    Cajon Valley Middle School

    Public | 6 - 8

  • 2

    Greenfield Middle School

    Public | 6 - 8

  • 1

    Emerald Middle School

    Public | 6 - 8

  • 0

    Cajon Valley Community Day

    Public | 6 - 8

High Schools 10
  • 7

    Grossmont Middle College High School

    Public | 11 - 12

  • 7

    Grossmont High School

    Public | 9 - 12

  • 2

    El Cajon Valley High School

    Public | 9 - 12

  • 0

    Foothills Christian High School

    Private | 9 - 12

  • 0

    Grossmont Union High Special Education Program

    Public | 9 - 12

  • 0

    Chaparral High School

    Public | 9 - 12

  • 0

    Phoenix High School

    Public | 9 - 12

  • 0

    Merit Academy

    Public | 9 - 12

  • 0

    Pacific Independent Education

    Private | 12 - 12

  • 0

    Reach Academy

    Public | 9 - 12

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Melissa Seanez

Melissa Seanez

+1(626) 723-6030

Agent | License ID: 02137015

Agent License ID: 02137015

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