195 N 2nd Street,El Cajon, CA 92021
El Cajon, CA 92021
Description
We are proud to present a turnkey, flex 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.
Details
| MLS # | 26844873 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 93 |
| Listing Provided By | Maher Commercial Realty | Oron Maher |
Features
| SQ Feet | 640 |
|---|---|
| Story(s) | 1 |
| Zoning | C |
| Acreage | 0.45 |
Exterior
| Lot Features | Corner Lot |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | El Cajon |
| Zip Code | 92021 |
| Area | 92021 El Cajon |
| Listing VS Median (in 92021) | |
Price: $1,999,000 low | high Med: $849,990 sqft: 640 low | high Med: 2,000 $ / sqft: $3,123 low | high Med: $425 On site: 93 low | high Med: 244 | |
Market Activity 92021
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | El Cajon |
| Zip Code | 92021 |
| Area | 92021 El Cajon |
| Listing VS Median (in 92021) | |
Price: $1,999,000 low | high Med: $849,990 sqft: 640 low | high Med: 2,000 $ / sqft: $3,123 low | high Med: $425 On site: 93 low | high Med: 244 | |