$4,900,000

927-939 W Main Street, El Cajon, CA 92020

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

The portfolio from the corner of Millar and W. Main Street to just the middle of the block is finally offered for sale for $4,900,000, providing an opportunity to redevelop for the newest mixed-use project in El Cajon. 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." The City is inviting Developers to come and bring their MIXED-USE solutions to an area that deeply needs regeneration and life. This is the perfect block to start on. Seller has these four parcels starting with the vacant warehouse on the west corner of Millar Ave and W. Main St, a main thoroughfare into the City from both La Mesa and Santee. A portfolio sale would allow a developer acquire almost an entire block or about 21,000 SF +/-. This area desperately needs a shopping center with grocer, restaurants, small retail and office. The AB 2011 and SB6 allows a developer to expand his project and fulfill the needs of the city with the inclusion of residential or density units. The very low parking requirement sitting in the transit district should allow a developer to maximize their FAR for income producing suites and units.

Listing Status:
Active
Listing Office:
Pacific Coast Commercial : 619-469-3600
Listing Agent:
Lesha A Montoya : 619-992-5863
MLS ID:
250035724
  • Flooring: Slab
  • A/C: Other
  • Heating: Other/Remarks
  • Parking: Street
  • General: BlockBrickConcreteSteelOther/Remarks1 Story
  • Originating MLS: SDMLS
  • County: San Diego
  • Zoning: Mixed Use
  • Source: SDMLS

This listing courtesy of Lesha A 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

0.52 miles away

C

Cajon Valley Middle School

550 E Park Ave, El Cajon, CA, 92020

Grades 6-8

1.08 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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