406 S Johnson Ave 1,150 SF Industrial Building El Cajon, CA 92020 $525,000 ($456.52/SF)

Rare owner-user or investment opportunity in the heart of El Cajon's established Johnson Avenue corridor. This ±1,150 SF freestanding, single-tenant industrial/commercial building has been held by the same ownership since 2010 and is available for sale for the first time in over 15 years. The property is currently occupied on a month-to-month gross lease, giving a buyer the flexibility to step into immediate cash flow, take occupancy for their own use, or reposition the asset — without the constraints of a long-term lease encumbrance.
The building sits within a designated Opportunity Zone and benefits from the El Cajon industrial submarket's exceptionally tight fundamentals, with vacancy at just 1.5% as of Q3 2026 — among the lowest in San Diego County and well below the broader market's 8.7%. At $525,000 (±$456.52/SF), the offering is priced below both the average ($735/SF) and median ($637/SF) of recent comparable small-bay industrial sales across San Diego County, offering a meaningful pricing advantage. Located just off El Cajon Blvd. with convenient access to Downtown El Cajon, the El Cajon Transit Center, and Highway 80/I-8, the property is well-suited to a range of industrial, service, or commercial users. Buyers are encouraged to investigate zoning (RN2200) and permitted uses with the City. As the building is currently occupied, tours will be arranged only for serious, qualified buyers to minimize disruption to the tenant.