495 Main Street, El Centro, CA 92243
  • MLS#: 25620407 ( )
  • Street Address: 495 Main Street
  • Viewed: 7
  • Price: $950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1990
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: IMPERIAL
  • City: El Centro
  • Zipcode: 92243
  • Provided by: Real Broker
  • Contact: Max Max
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Building Area Total
  1. 30000.00
Country
  1. US
Parcel Number
  1. 053114018000
Postalcodeplus4
  1. 3091
Year Built
  1. 1990