497 S 4th St - Retail FOR SALE


El Centro, CA 92243
$1,490,000 USD
619-269-6076
497 S 4th St, El Centro, CA for Sale
$1,490,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

497 S 4th St
El Centro, CA 92243


HIGHLIGHTS

  • Retail Development / Value-Add Opportunity
  • High-Traffic Highway 86 Retail Property
  • 12,638 SF of Building Area on 1.24 AC
  • Signalized Intersection on 4th Street (Hwy 86) - ±30,000 Cars per Day
  • Excellent Owner/User or Value-Add Investment Opportunity

OVERVIEW

Retail Development / Value-Add Opportunity The subject property is comprised of 5 buildings totaling 12,638 SF situated on a lot of 1.24 AC (54,000 SF). Located at the signalized intersection of S 4th Street and Orange Avenue, the property has extensive frontage and visibility along Highway 86 with approx. 30,000 cars per day. All 5 tenants are on month-to-month leases, providing an investor or owner/user an excellent opportunity to reposition or redevelop the property. With flexible CG zoning (General Commercial), the property is permitted for a wide variety of uses, including: drive-thru QSR, car wash, gas station/C-store, and more. • Prominent Highway 86 Exposure: The property has extensive frontage along S 4th Street (Highway 86) with approx. 30,000 cars per day. Highway 86 serves as one of the major N/S highways connecting Imperial County and Interstate 8 and the Coachella Valley and Interstate 10 to the north. • Strong Location Fundamentals: With a signalized intersection, busy traffic along a main commercial corridor, and 3 existing driveways along Highway 86, the property has very strong real estate location fundamentals making it a great development opportunity for a wide variety of retail uses. • Favorable Zoning & Site Configuration: With a zoning of General Commercial, the property is permitted (by right) for drive-thru QSR’s and express car washes, and permitted with a CUP for gas stations and convenience stores. This favorable zoning, combined with a functional rectangular site configuration and oversized lot of 1.24 AC, creates an easier path to future redevelopment.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$118 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

4th & Orange Retail Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

CG

APN/PARCEL ID

053-200-025-000,053-200-033-000,053-200-036-000,053-200-040-000,053-200-041-000,053-200-042-000

ASK ABOUT THIS PROPERTY

Rob BloomDUHS CommercialMore Info
619-269-6076

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Rob BloomDUHS CommercialMore Info
619-269-6076

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