195 N 2nd Street, El Cajon, CA 92021

$1,999,000

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List Price
$1,999,000
Status
ACTIVE
MLS#
26844873
Year Built
1973
Lot Size
19,780
Acres
0.45
Lot Location
Corner Lot
Days on Market
57
Property Type
Investment

Property 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.

Additional Information

Attached Structure
Detached

Listing courtesy of Listing Agent: Oron Maher (oron@mahercr.com) from Listing Office: Maher Commercial Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.