$1,300,000

925 W Main St, El Cajon, CA 92020

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon5,197sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

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.

Listing Status:
Active
Date Added:
June 29, 2025 at 05:00AM
Listing Office:
Pacific Coast Commercial : 619-469-3600
Listing Agent:
Lesha Montoya : 619-992-5863
MLS ID:
250032122SD
  • A/C: Wall/Window Unit(s)
  • Heating: None
  • Parking: Parking spaces: 0
  • General: BlockFrameOtherConcreteStuccoSteel
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: San Diego
  • Zoning: Mixed Use4872822900
  • Source: CRMLS

This listing courtesy of Lesha Montoya, Pacific Coast Commercial

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Johnson Elementary School

500 W Madison Ave, El Cajon, CA, 92020

Grades PK-5

0.54 miles away

C

Cajon Valley Middle School

550 E Park Ave, El Cajon, CA, 92020

Grades 6-8

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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