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$ 3,500,000
Est. payment | /mo
$ 3,500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial-Off/Rtl/Ind
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250040445
Property Sub-Type Commercial-Off/Rtl/Ind
Property Description
Rare redevelopment opportunity in City Heights along busy El Cajon Blvd. ~12,250 SF lot with ~6,752 SF of existing retail, all tenants month-to-month. Complete Communities Tier 3 Overlay allows up to 6.5 FAR with no parking minimums. Preliminary plans submitted for 78 multifamily units over ~5,000 SF ground-floor commercial; design includes underground mechanical parking (±50 spaces). Project can advance directly to construction documents and permits without entitlement delays. Excellent frontage (123') and location with Walk Score 93 and Transit Score 56. Strong covered land play with income during planning. Asking $3.5M ($285/SF land). Do not disturb tenants. Contact broker for Offering Memorandum and plans.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Heating Other/Remarks
Cooling None
Flooring Slab
Fireplace No
Exterior
Parking Features On Site, Street
View Y/N No
Roof Type Tar & Gravel
Building
Lot Description Corner, Strip Center, Remarks
Others
Tax ID 471-051-15

Listed by Arby Eivazian South Coast Commercial, Inc.

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