7640 El Cajon Blvd is a freestanding retail building situated on a corner lot along the busy business corridor of El Cajon Blvd. This is a unique opportunity for an investor/owner-user to immediately increase their equity by renovating the existing structure. Potential Uses: Car Dealership, Drive Thru Restaurant, Cafe. The subject property is located in the City of La Mesa's "Mixed Use Overlay" which allows for development of new mixed-use and residential projects along La Mesa's main transit corridors. Properties under the overlay benefit from reduced development fees and expedited review of applications. Potential to build 5 residential units(or more with affordable housing density bonus)*. *Information deemed reliable but not guarantee. It is your responsibility to independently confirm its accuracy and completeness. Buyer/Buyer's agent to verify all info prior to close of escrow.

  • MLS# 180041970
  • Style Industrial
  • Sub-Type Lease
  • Status Active
  • Days On Site 12
Story(s) 0
Units 1
Listing Provided By:
Erik Egelko  of  SVN Asset Advisory Group
this listing $550,000
3.89%
$529,400 in 91942
this listing 12 on site
4.35%
11.500000 on site in 91942

Location

State CA
County San Diego
City La Mesa
Zip Code 91942

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