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Marketing Description
Prominent corner in the heart of old downtown, City of El Cajon. Prime location at the top of Art Alley, the highlight of El Cajon's Art and Culture district; this neighborhood is a destination. Myriad amenities nearby, including restaurants, shops, museums, and Parks, accentuated by a wide promenade. Home of the well loved Mother Goose Parade, attracting thousands of spectators every Year at Thanksgiving. The Courthouse and City Center are immediately nearby with historic sites of interest dotting the Neighborhood. Centennial Plaza and Amphitheatre are gathering places throughout the year, as is the Magnolia performing arts Center. Walk Score of 93 and Bike Score of 59. Within one mile of the San Diego Trolley Green and Orange Lines. Zoned for Mixed Use within the Downtown Master Plan; 40 dwelling units per acre by right, bonuses for affordable housing and high transit area Development are available. The site is in a California Opportunity Zone.
Investment Highlights
- Building Size: 7470
- Square Feet: 7,470
- Retail: 4,000 Sq. Ft.
- Occupancy Rate: Occupied
- Lot Size Source: Assessor
- Lot Features: 36-40 Units/Acre, Corner Lot, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby
- Lot Description: 36-40 Units/Acre, Corner Lot, Level with Street, Rectangular Lot, Level, Near Public Transit, Park Nearby
- Price Per Sq. Ft.: $468
- Expenses: $9,920
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Marketing Description
Voit Real Estate Services is please to present for sale 102-110 East Main Street in El Cajon. The property is a two-story building with one tenant currently leasing the entire ground floor, and 5 individual offices on the second floor. The property offers an opportunity for an owner-user to occupy some or all of the building, or an investor to bring the lease spaces up to market rents. Additionally, with its placement in an opportunity zone, there is a potential for redevelopment, as evidenced by the City’s adoption of a downtown specific plan and ongoing mixed-use development directly south of the project. The offering is an excellent opportunity to acquire an iconic corner property at a
heavily trafficked intersection in San Diego’s sixth largest city.
Investment Highlights
- Located in the heart of Downtown El Cajon in San Diego County.
- Two-story building at the heavily trafficked corner of East Main Street and Magnolia Avenue.
- Short walking distance from City Hall, the Courthouse, Police Department and Magnolia Arts Center.
- Positioned at the geographic top of Art Alley, El Cajon's Art and Culture District, and adjacent to the El Cajon sign.
- Located at the starting point for the weekly El Cajon car show, Cruising Main from April through October and other large community events include, Concerts on the Green and The Mother Goose Parade.
- Mixed-use development potential, with bonuses for affordable and high transit multi-family projects.
- Primary access from Interstate-8 with Highways 67, 125, 52 and 94 in close proximity.
- Convenient access to public transportation. The San Diego Trolley’s Orange and Green Lines are less than one-mile away from the site at the El Cajon Transit Center.
- Walking Score of 93 / Bike Score of 59.
- Directly across from approved 4-story mixed-use project.
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Listing removed on
BY:
Mike Habib
•••.•••.6600
•••••abib@••••••••••••••.com
Sold on
BY:
Spencer Kerrigan
•••.•••.2599
•••••igan@••••••.com
Sold on
BY:
Mark Caston
•••.•••.3323
•••ston@••••••.com
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