About this home

MAJOR PRICE REDUCTION!!! 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. ALL FOUR PARCELS INCLUDING THE DISCOUNTED PORTFOLIO SALE HAVE HAD A MAJOR PRICE REDUCTION>Seller has all four parcels on the market for $3,388,888 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."

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MLS #250032122

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FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

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