6425 El Cajon Blvd, San Diego, CA 92115

• Sold Price : $1,295,000
• Beds : N/A
  
• Baths : N/A
  
• Property Size : N/A sqft
  
• Year Built : 1974
  

Property Description

Introducing a Prime Investment Opportunity in the College area of San Diego We are thrilled to present this masonry, single story freestanding commercial building for sale on a high traffic street with 75 FT of storefront on El Cajon Blvd. With approximately 20,000 vehicles per day, this CUPD-CU-2-3 zoned property allows many retail/commercial uses. Consisting of two separately electric metered addresses at 6425 and 6435 El Cajon Boulevard in the vibrant city of San Diego, California. This two-unit building offers an excellent investment prospect for those seeking a property in the path of redevelopment that has multiple income streams. Building spaces are all on month to month leases, with the smaller 1,780 SF Beauty Salon space and the larger 3,800 SF Print Shop space which has room to sublease or for a new owner to occupy. Building FAR is .085. Building owner pays for these fees: bi-monthly water approximately $165, building insurance for $2,500 a year, and property taxes of $11,713.40 year. Close to bus route 1 from Fashion Valley to La Mesa. This ideal location is surrounded by numerous current and future development sites, diverse tenant mix, and proximity to exciting growing San Diego State University/College Area opportunities. This property is a true gem. Prime Location: Situated on El Cajon Blvd., a prominent thoroughfare in San Diego, this property benefits from high visibility and a constant flow of traffic. The surrounding area is teeming with new redevelopment projects, making it an opportune time to invest in this burgeoning neighborhood. Diverse Tenant Mix: The building currently houses a well-established hair salon and print shop, ensuring a steady and reliable income stream. The existing tenants have built a solid customer base, which adds value to this investment and presents an opportunity for future growth. Potential for Expansion: With two units available, there is flexibility for various business types or the possibility of leasing out the second unit for additional income. This adaptable space can accommodate a range of commercial ventures, allowing owners to tailor the property to their specific investment goals. Proximity to San Diego State University: The building's close proximity to San Diego State University offers a tremendous advantage. The university attracts a large student population, faculty, and staff, providing a built-in customer base for businesses in the area. This captive audience ensures consistent foot traffic and a steady demand for goods and services. Strong Growth Potential: The surrounding neighborhood is undergoing extensive redevelopment, presenting numerous opportunities for future growth and increased property values. Investing in this area now allows for the potential to capitalize on the continued revitalization and transformation of the community. Don't miss out on this exceptional investment opportunity in San Diego! With its prime location, diverse tenant mix, and proximity to redevelopment projects and San Diego State University, this two-unit commercial building is a smart choice for investors looking to secure a solid return. Contact us today to arrange a viewing and make this property yours.

Interior Features

Listing Information

Listing information courtesy of: Jason Kardos, Lisa Warner, Mt. Helix Lifestyles R.E. Serv. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 12th, 2024 at 4:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.