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EXECUTIVE SUMMARY
The offering includes an existing commercial building that was previously approved for demolition, though those approvals have since expired. Prior plans submitted an 8-story, 235-unit multifamily residential development, creating a repositioning opportunity for a new development consistent with current land use policy and zoning allowances.
Given its prime boulevard frontage, established development momentum, and adjacency to key regional destinations, the property represents a compelling opportunity to deliver new residential product within a rapidly transforming urban environment.
Given its prime boulevard frontage, established development momentum, and adjacency to key regional destinations, the property represents a compelling opportunity to deliver new residential product within a rapidly transforming urban environment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,656 SF
Building Class
C
Year Built
1965
Price
$16,948,657 CAD
Price Per SF
$1,339.18 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.90 AC
Zoning
CUPD-CU-2-4 - Intended to accommodate development with pedestrian orientation and high density
residential use.
Parking
44 Spaces (3.48 Spaces per 1,000 SF Leased)
Frontage
136’ on El Cajon Blvd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 466-610-11 | Improvements Assessment | $288,068 CAD |
| Land Assessment | $9,938,347 CAD | Total Assessment | $10,226,415 CAD |
PROPERTY TAXES
Parcel Number
466-610-11
Land Assessment
$9,938,347 CAD
Improvements Assessment
$288,068 CAD
Total Assessment
$10,226,415 CAD
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6010 El Cajon Blvd
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