For Sale
$1,850,000

14809 Olde Highway 80El Cajon, CA 92021

Established Cafe, Rental Income, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity encompasses 1.47 acres in El Cajon, CA, featuring Mary Etta's Cafe, a thriving, 70+ year-old breakfast and lunch establishment. The property also includes two additional income-generating rental units: a studio and a three-bedroom home. The cafe boasts a full Type 47 liquor license (valued at over $150,000), ample on-site parking, and a large, unused outdoor patio. Located on Olde Highway 80, this property offers excellent visibility and accessibility. The expansive lot presents significant upside potential, including expanding cafe hours to include dinner and happy hour services, leveraging the liquor license, and increasing rental income. The open land is suitable for events like weddings. The asking price is $1,850,000, with seller financing available to qualified buyers with a 20% cash down payment. The property's appraised value exceeds $2.2 million, representing a compelling investment opportunity with substantial potential for growth and return. The property address is 14809 Olde Hwy 80, El Cajon, CA 92021.

Highlights

  • 1.47-acre parcel including Mary Etta's Cafe and two rental units.
  • Excellent visibility and accessibility on Olde Highway 80.
  • Established, profitable cafe operating for over 70 years.
  • Includes a Type 47 liquor license valued at over $150,000.
  • Ample on-site parking.
  • Unused outdoor patio and open land suitable for events.

Property Details for 14809 Olde Highway 80

Property type
Retail properties, Land
Lot Size (sq. ft)
64,033 SF

Location Insight

City
El Cajon
County
San Diego
State
California
Latitude
32.8495713
Longitude
-116.8590778
14809 Olde Highway 80, El Cajon, California

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14809 Olde Highway 80
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