269-291 E Lexington Ave - Medical FOR SALE


El Cajon, CA 92020
$3,950,000 USD
619-813-3229
269-291 E Lexington Ave, El Cajon, CA for Sale
$3,950,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

269-291 E Lexington Ave
El Cajon, CA 92020


HIGHLIGHTS

  • Located in the heart of downtown El Cajon near shops, dining, and civic amenities.
  • Multi-tenant configuration supports diverse occupancy strategies.
  • Suites feature dedicated reception areas and private in-suite restrooms.
  • Includes 17 gated on-site parking spaces plus nearby street parking.
  • Convenient access to Interstate 8 and public transportation options.
  • Positioned within the Mixed-Use Overlay Zone and Downtown Master Design Plan.

OVERVIEW

Located in the heart of downtown El Cajon, 269-291 E Lexington Ave presents an opportunity to acquire a multi-tenant office asset in one of East San Diego County's established commercial districts. The property is positioned within a walkable downtown environment surrounded by restaurants, retail services, civic amenities, and public transportation, creating convenient access for tenants, visitors, and future occupants. The building is configured to support multiple tenants, with individual suites featuring dedicated reception areas and private in-suite restrooms. A gated parking area with 17 on-site spaces is complemented by nearby street parking, providing practical accessibility in a downtown setting. Its central location also offers convenient connectivity to Interstate 8 and the broader San Diego metropolitan area. Beyond its current office use, the property's location within the Mixed-Use Overlay Zone and Downtown Master Design Plan enhances its long-term appeal. Investors and developers may benefit from future redevelopment or adaptive reuse possibilities, subject to applicable approvals and municipal requirements. The combination of existing income-producing office functionality and potential mixed-use positioning creates multiple pathways for ownership strategies. Whether acquired as a stabilized investment, owner-user opportunity, or redevelopment candidate, this asset offers a compelling blend of downtown presence, accessibility, and future flexibility. Its proximity to the El Cajon Library, local businesses, dining establishments, and transit services further supports its role within a vibrant and active downtown environment.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

O-P

APN/PARCEL ID

488-221-31-00,488-221-32-00,488-221-33-00

ASK ABOUT THIS PROPERTY

Brian ConnellyCOMPASSMore Info
619-813-3229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brian ConnellyCOMPASSMore Info
619-813-3229

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.