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796 W Evan Hewes

13,160 SF Vacant Retail Building El Centro, CA 92243 £1,574,055 (£120/SF)

Investment Highlights

  • # 1 Event Center in Imperial Valley
  • Seating/Servings for up to 500 people
  • Fully equipped kitchen and bar

Executive Summary

Old Eucalyptus Schoolhouse, Imperial Valley's Premier Banquet facility is now available "For Sale". Offering a complete turn key property/business opportunity...An icon of both old and new, the Old Eucalyptus Schoolhouse stands today as an image of a simpler time in the Valley.. Built in 1907, the more than 100-year-old building has continued to demonstrate its ability to endure life's elements with the help of a bold owner who has always believed it was worth restoring . Indoor seating for up to 500 ,place settings for up to 700, fully equipped kitchen and bar...All Fixtures, Equipment , Business name, Type 47 ABC license ,an amazing sound system , lazer lighting are included...Recent upgrades include Title 22 water system, interior paint ,new carpet flooring ,multiple a/c's, interior/exterior maintenance...The property also has a impressive manager's apartment ....Originally opened as The Desert Rose Saloon and rebranded as Old Eucalyptus Schoolhouse Banquet Facility, both concepts have been very successful...The building caters to weddings, quinceaneras , anniversaries, class reunions, proms, retirement parties, birthday celebrations, business luncheons, corporate holiday parties or any other special events...Add your lunch and dinner menu, outdoor dining, concerts....Business, booking/reservations are back to pre pandemic numbers and are increasing monthly. Menu selection has updated. .This is an exceptional Turn Key business opportunity.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,160 SF
Building Class
C
Year Built/Renovated
1925/2008
Price
£1,574,055
Price Per SF
£120
Percent Leased
Vacant
Number of Floors
1
Building FAR
0.08
Land Acres
3.92 AC
Zoning
C

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064-460-011-000
Land Assessment
£105,530
Improvements Assessment
£817,048
Total Assessment
£922,578
  • Listing ID: 28999991

  • Date on Market: 14/07/2023

  • Last Updated:

  • Address: 796 W Evan Hewes, El Centro, CA 92243

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