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269-291 E Lexington Ave
El Cajon, CA 92020
Office Property For Sale
EXECUTIVE SUMMARY
Located in the heart of downtown El Cajon, this multi-tenant office building offers a unique investment opportunity with one of the 2,600 sq. ft. ground-floor professional office/retail units currently available for lease. Each suite features a dedicated reception area, in-suite restrooms, and access to 17 gated parking spaces, along with ample street parking. Situated near the library, shops, restaurants, and public transportation, the property is within the Mixed-Use Overlay Zone and Downtown Master Design Plan, offering significant potential for residential or mixed-use development. This is an ideal opportunity for investors, developers, or business owners seeking a versatile and high-value property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
9,471 SF
Building Class
B
Year Built
1973
Price
$6,205,185 CAD
Price Per SF
$655.18 CAD
Percent Leased
73%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,471 SF
Building FAR
0.40
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
O-P - Office- Professional also in a Mixed-Use Overlay Zone which allows for residential and mixed-use development options in existing commercial areas.
Parking
17 Spaces (1.79 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 488-221-31 | Improvements Assessment | $456,114 CAD |
| Land Assessment | $245,010 CAD | Total Assessment | $701,124 CAD |
PROPERTY TAXES
Parcel Number
488-221-31
Land Assessment
$245,010 CAD
Improvements Assessment
$456,114 CAD
Total Assessment
$701,124 CAD
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