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1258 Broadway 2,500 SF 100% Leased Office Building El Cajon, CA 92021 $899,990 ($360.00/SF) 3.67% Cap Rate
Investment Highlights
- Corner Lot
- Alley Access
- Residential and Office/Retail Space
Executive Summary
Mixed-use CORNER LOT property zoned COMMERCIAL with 2 Buildings AND a Garage/Storage. Rectangular level lot is approximately 52 ft by 122 ft, totaling 0.15 acre. This property offers excellent, high visibility on Broadway with signage opportunity and traffic count of 9900+ daily. Broadway frontage has Office/Retail building AND a single-family house at 907 Crosby - currently occupied on a month to month, plus a Garage/Storage unit for additional income. Office/retail building on located at 1258 Broadway has a paved Parking lot on the side that can accommodate an estimated 6 cars. Long-term ownership. Roof recently upgraded. Hard to find development or owner occupied/user opportunity. Retail office space has the old world charm of house built in days gone by, complete with lots of windows, fireplace and a kitchen.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,500 SF
Building Class
C
Year Built
2000
Price
$899,990
Price Per SF
$360.00
Cap Rate
3.67%
NOI
$32,997
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,500 SF
Slab To Slab
8’
Building FAR
0.36
Lot Size
0.16 AC
Zoning
C-G
Parking
6 Spaces (2.4 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Walk Score®
Very Walkable (80)
Property Taxes
| Parcel Number | 484-222-26 | Improvements Assessment | $43,865 |
| Land Assessment | $45,942 | Total Assessment | $89,807 |
Property Taxes
Parcel Number
484-222-26
Land Assessment
$45,942
Improvements Assessment
$43,865
Total Assessment
$89,807
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1258 Broadway
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