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$ 1,999,000
Est. payment | /mo
640 SqFt
$ 1,999,000
Est. payment | /mo
640 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 640 sqft
Price per Sqft $3,123
MLS Listing ID CL26844873
HOA Y/N No
Year Built 1973
Lot Size 0.454 Acres
Acres 0.4541
Property Sub-Type Business
Property Description
We are proud to present a turnkey, full-service car wash and detailing business at 195 N 2nd St in El Cajon, California. The current tenant is paying $2,000/month. This operational business and real estate offering provides a stable leased income stream with significant embedded upside through active management and service expansion. The property features a 640 SF service building on a large 19,780 SF (0.45-acre) commercially zoned lot, anchored by a long-term lease with CPI increases. Currently processing ~2,000 cars per month, the business benefits from recent electrical upgrades and offers a clear path to grow revenue by extending hours, optimizing pricing, and expanding the high-margin detailing service, making it ideal for both a passive investor or a hands-on operator. This is a versatile essential-service investment that caters to both passive and active investment theses. 195 N 2nd St provides a secure, low-management entry point with a growing base rent, while also offering a clear and immediate roadmap for an operator to dramatically increase cash flow through hands-on optimization, making it a uniquely attractive asset in the San Diego market.195 N 2nd St represents a strategic opportunity with built-in flexibility. The combination of a secure underlying lease, a large functional lot, recent capital improvements, and clear operational upside creates a compelling value proposition. Whether as a passive real estate holding or an active business acquisition, this property offers a solid foundation with multiple pathways to increased returns, making it an ideal investment for a wide range of buyers in the stable El Cajon market.
Location
State CA
County San Diego
Zoning C
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4891807100
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Listed by Oron Maher • Maher Commercial Realty
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