14809 Olde Highway 80El Cajon, CA 92021
- Retail properties
- 1.47 AC
Property Details for 14809 Olde Highway 80
- Lot size
- 1.47 AC
- Property type
- Retail properties
- Property subtype
- Land
Description
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.
Location Insight
- City
- El Cajon
- County
- San Diego
- State
- California
- Latitude
- 32.8496
- Longitude
- -116.859
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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