JUST LISTED | Owner-User Restaurant with Additional Rental Income (Potential For Redevelopment)
- Pacific Coast Commercial
- Sep 26, 2022
- 1 min read
Pacific Coast Commercial is pleased to present a owner-user or redevelopment opportunity consisting of a two building lot located on the highly visible corner of El Cajon Blvd and Boulevard Place in El Cajon.
PROPERTY FEATURES
Two Building Lot with Restaurant & Liquor Store. Potential Redevelopment of Site.
Property Size Approx. 0.65 AC
BUILDING SIZES
Restaurant: Approx. 2,850 SF
Liquor Store: Approx. 1,445 SF
HIGHLIGHTS
Store lease expires January 1, 2026, no options or extensions with under market monthly rent.
Restaurant is operated by property owner/seller.
Location is easily accessible from the I-8 exit. Freeway access going West is only one block from the property.
El Cajon is going through a process of revitalization.
Just four minutes from the property is the development of 116 upscale for sale townhomes located on El Cajon Blvd. The townhomes consist of 3 bedrooms, 3 bathrooms and 2 car garages.
Restaurant business is potentially available for purchase.
SALE PRICE
$2,695,000
Contact Agents for More Details
Mack Langston
Director, Multifamily & Investment Sales
Direct: (619) 818-4205
Lic. 01110555
Connor Kenworthy
Sales & Leasing Associate
Direct: (515) 745-3545
Lic. 02124468
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information including zoning and use should be verified prior to transaction completion.
Office (619) 469-3600 www.PacificCoastCommercial.com | Lic. 01209930
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