495 W Main St, El Centro, CA 92243
495 W Main St, El Centro, CA 92243
495 W Main St, El Centro, CA 92243
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$950,000
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30,000 SqFt
Active

495 W Main St El Centro, CA 92243

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 30,000 sqft

Price per Sqft $31

MLS Listing ID 25620407

Year Built 1990

Lot Size 6,695 Sqft

Acres 0.1537

Property Sub-Type Office

Property Description

Excellent Rehab/Development Opportunity. Mixed-use potential with first-floor retail(COIN LAUNDRY, CONVENIENT STORE, BARBER SHOP, DONUT SHOP, SMOKE SHOP), 2nd floor currently offices, CAN BE CONVERTED INTO live/work studio apartment(40 to 46 UNITS) option. Offers substantial vacant space for additional income (buyer to verify with city). Located in a high-demand area with a 99.9% apartment occupancy rate in El Centro and nearby hotel booking rates exceeding 120%. MAKING THIS PROPERTY VALUE TO BE $4,000,000.00 to $6,000,000 +(after 1st floor renovation) at CAP 6%REMODEL ESTIMATES CAME IN AT $900,000. LOCAL MANAGEMENT AVAILABLE. SECURING GOVERMENT CONTRACT TALKS WITH FEDERAL LEVEL.

Location

State CA

County Imperial

Area El Centro

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Real Broker

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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495 W Main St