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JUST LISTED | Owner-User Restaurant with Additional Rental Income (Potential For Redevelopment)

  • Writer: Pacific Coast Commercial
    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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(619) 469-3600  |  10721 Treena Street, Suite 200, San Diego, CA 92131  |  License # 01209930

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