CA > El Centro
El Centro, CA 92243,495 W Main ST
El Centro, CA 92243,495 W Main ST
El Centro, CA 92243,495 W Main ST
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$950,000
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495 W Main ST El Centro, CA 92243

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Serri Rowell

Serri Rowell

The Brand SoCal

+1(760) 579-2666

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25620407

HOA Y/N No

Year Built 1990

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 Elcn - El Centro

Interior

Fireplace No

Others

Tax ID 053114018000

Special Listing Condition Standard

CRMLS – RECore
Listed by Max Lee Real Broker

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Serri Rowell

Serri Rowell

Owner & Team Lead | CA BRE#01484073

+1(760) 579-2666

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495 W Main ST

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