631 W Lexington Ave - Service FOR SALE


El Cajon, CA 92020
$1,700,000 USD
619-466-3975
631 W Lexington Ave, El Cajon, CA for Sale
$1,700,000 USD
Service - FOR SALE
1/19
null | Request Cap Rate

631 W Lexington Ave
El Cajon, CA 92020


OVERVIEW

The subject property consists of a freestanding concrete block commercial/retail building which was constructed in 1965 and contains 5,000 square feet. The building has a truss-height of approximately 10-12 feet. On the southeasterly side of the building are three (3) 8' x 18' metal roll-up doors. On the northwesterly side of the building are four (4) 8' x 14' metal roll-up doors. The 5,000 square foot building is currently demised into two suites. Suite A, on the northerly side of the building, contains 2,900 square feet consisting of a 2,100 shop area and 800 square feet of office. Suite B, on the southerly side of the building, contains 2,100 square feet consisting of 1,800 square feet of shop area and 300 square feet of office. A prospective buyer can occupy the larger suite and lease out the smaller suite or occupy the entire building. The floor area ratio of the property is 30.3% which provides ample parking and/or yard area. There are two driveways that provide access to the property from West Lexington Avenue, one on each side of the building. The property also has good traffic circulation which allows vehicles to go around the entire building. The property has an approved amended C.U.P. No. 368 that allows sales a sales office in conjunction with automobile upholstery, paint & body shop. The subject address is located within the General Commercial (C-G) zone, and within the Commercial - 30DU/AC zone of the Transit District Specific Plan (TDSP). The C-G zone is intended to provide a full range of general commercial uses ranging from offices to retail to automotive services to tourist facilities. It is the buyer's responsibility to confirm their proposed use of the property with the City of El Cajon.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Auto Repair, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

11 Ft

DOCKS

-

DRIVE INS

7

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.38

LAND SF

16,553

ZONING

C

APN/PARCEL ID

487-323-25

ASK ABOUT THIS PROPERTY

Penn JonesColdwell Banker WestMore Info
619-466-3975

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Penn JonesColdwell Banker WestMore Info
619-466-3975

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