Owner/User Office or Retail Live/Work on prime street for your business! This approx. 1650 SF Live/Work commercial building with live/work amenities sits prominently within this mixed-use area. The fenced lot with direct access from W. Main St. just two blocks from HWY 8 ramps or Trolley hub provide great access to/from for your clients and employees with 6-8 parking spaces. Your business will have visibility from one of El Cajon's main arterial.
Sitting between both major signals of Marshall and Johnson the 5,582 SF +/- Lot has both electric (with past electric meter) and sewer lines at back of the lot connected to main line, as well as a legal driveway and fencing for a developed lot. Land in El Cajon is hard to come by in this smaller owner/user size, but buyers need to verify with city all possibilities. This parcel sits in the Commercial Village and is geared towards mixed-use development. DEVELOPER INCENTIVES from the City under 3.12 pg. 22 of EL CAJON TRANSIT DISTRICT SPECIFIC PLAN. (VIEW LINK)
This area is primed for redevelopment as part of the “Green Street Gateway” and “Commercial Village.” The parcel is easily accessible and within 2 short blocks of HWY 8 on ramps, the major signal at Marshall and Main Street to the west and two blocks off major signal at Johnson to the east, around the corner from El Cajon's transit hub and Trolley stop known as the El Cajon Transit Center to the south west, and around the corner to the north west of several major car dealerships including Mossy Nisan, Mercedes, new CarMax, Land Rover and Toyota of El Cajon. "The area immediately surrounding the transit station is an aging industrial and heavy commercial area which interfaces with residential neighborhoods comprised of single and multi-family residences. The Planning Area contains a diverse mix of uses but lacks the appropriate infrastructure, public amenities, and commercial services to function as a complete neighborhood that promotes alternative mode of transportation and that is a desirable and attractive place to live, walk, bike, work or shop." Pg. 14. p 2.3 El CAJON TRANSIT DISTRICT SPECIFIC PLAN.
This City of El Cajon is screaming for developers to come in and revamp the area within the new Commercial Village overlay. Contact me to learn more about this property. City of El Cajon has advised developers to look into the application of new state laws AB2011 and SB6 which may help you to up- zone the residential component of this proposed redeveloped mixed-use. This area is just east of the 8 freeway with frontage on W. Main St. as you enter El Cajon and walking distance to Trolley Line. City is anxious to see this area redeveloped into a "North Park" of the east with tons of walking traffic, restaurants, retail, office and some upper units. This area is just primed for your developers looking for a new mixed-use project with very low parking requirement. Buyer to investigate AB 2011 and SB6 for increased housing 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. The seller also owns the neighboring three parcels to the west also shown in this drone to be sold separately to allow 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 developed lot with electric, sewer, legal driveway and fenced offered at $1,100,000 and 935 W. Main Street, a mechanics shop (offered OFF MARKET separately or in portfolio sale) and 939 W. Main Street, a vacant warehouse recently reduced to $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 on the market is offered at $4,900,000. The four lots are backing an older residential neighborhood and near trolley by 2 blocks. For more info. Call Lesha Montoya 619-992-5863; LIC#02007808 Lesha@PacificCoastCommercial.com.