927 Main St - Commercial LAND FOR SALE


El Cajon, CA 92020 5,663 SF
$1,100,000 USD
619-992-5863
927 Main St, El Cajon, CA for Sale
$1,100,000 USD
Commercial LAND - FOR SALE
1/13
5,663 SF

927 Main St
El Cajon, CA 92020


HIGHLIGHTS

  • City Points to AB 2011 and SB 6 to Leverage the Residential Component of this Mixed-Use Redevelopment
  • Lot Had Electric Meter at One Time and Has Sewer 8" Laterals at Back of Lot Connected to 12" Mainline at W. Main St.
  • Has Legal Driveway Off W. Main St.
  • City of El Cajon Has Reduced the Parking Requirement
  • On Helix Water at Street Front
  • Current Long Term M-M Tenant

OVERVIEW

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 925 W. Main Street, an office/work/live offered at $1,300,000 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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/ACRE

$8,461,240/AC

PRICE/SF

$194 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Vacant Land 927 W. Main St. , El Cajon, CA

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units - Condo, Convenience Store, Fast Food, General Freestanding, Neighborhood Center, Restaurant, Storefront, Storefront Retail/Office, Storefront Retail/Residential, Strip Center, Supermarket

LAND ACRES

0.13 AC

LAND SF

5,663 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk

ZONING

Commercial

APN/PARCEL ID

487-282-28-00

ASK ABOUT THIS PROPERTY

Lesha MontoyaPacific Coast CommercialMore Info
619-992-5863

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Lesha MontoyaPacific Coast CommercialMore Info
619-992-5863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.