The Commercial Building Sold for $860K
Intersection Senior Director, Kyle Clark represented the seller in the sale of the Valley Furniture building in El Cajon for $860K. The sellers are the owners of both Valley Furniture and Cash & Carry Furniture, the latter being adjacent to the property.
The 10,810 square-foot retail commercial building is located at 906 E. Main Street, El Cajon, CA 92021. The property is situated on a visible and prominent business intersection of Main Street and Mollison Avenue, offering excellent signage exposure. Located just East of the Downtown El Cajon Management District with numerous other retailers and restaurants nearby.
The sellers’ decision for the sale of the 906 E. Main Street building came to fruition upon combining their two furniture stores into the other, much larger property. The building was vacant at the time of the sale.
While the retail commercial building presents an attractive property and location, the sale remained difficult due to no on-site parking available or designated space for dumpsters. This is because the building occupies the parcel in its entirety. In order to facilitate the sale, the sellers agreed to allow the buyer to utilize a portion of their adjacent property to accommodate two trash dumpsters.
The new owner plans to remodel the retail storefront and open an appliance retail outlet.
Emily Bane is the Marketing Coordinator at Intersection, providing strategic marketing expertise to support business objectives across company divisions. Contact Emily at 619-819-8725 or [email protected]