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Turnkey Nightclub and Bar with Type 48
For Sale
$1,295,000

600 W Main Street, El Centro, CA 92243

COMMERCIAL - El Centro, CA

Property Size4,000 SF
Price / SF$323.75
Days on Market225

Property Features for 600 W Main Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Listing Agency: Gold Crown Realty, Inc.
Listed By: Darian Chell
Added: Jan 8 Changed: Aug 4 Last Checked: Aug 21 at 5:06PM
MLS# 11628692

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey nightclub and bar is offered for sale as an operating business, with furniture, fixtures, equipment, and inventory included. The space is approximately 4,000 square feet with a 40 ft by 100 ft footprint, designed to support dancing, events, and private parties. The sale includes a clean, transferable Type 48 liquor license (full liquor, no food requirement).

The business is located at 600 W Main Street in El Centro, California. The seller describes it as a downtown operation with strong on-site demand supported by documented Clover sales and additional cash streams, along with promoter-driven events and an established, loyal customer base.

For buyers, this offering provides a ready-to-operate setup with the liquor license and operational assets necessary to begin immediately upon ownership transfer. Current rent is stated as $3,000 per month with favorable month-to-month terms, and the sale includes an assignable option for a 5-year lease extension at the same terms. The seller also notes financial statements are available and indicates discretionary earnings support the business’ performance. Training and transition assistance is available up to 80 hours at $500 per week, subject to terms. Confidential sale—qualified buyers only; proof of funds and a signed NDA are required prior to release of financials or location details.

Key Highlights

  • 4,000 sq ft nightclub/bar space (40 ft x 100 ft) on Main Street in El Centro, CA, suited for events and private parties
  • Clean, transferable Type 48 liquor license (full liquor, no food requirement) included with the sale
  • Turnkey business sale includes furniture, fixtures, equipment, and inventory for immediate ownership transfer

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,169
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.03%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,043,380 $1.0M
Cap Rate 7%
$745,271 $745.3K
Cap Rate 9%
$579,656 $579.7K
Market Conditions
NOI Build-Up for 4,000 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.9K $18.48/SF
− Vacancy
−$4.4K −$1.09/SF
EGI
$69.6K $17.39/SF
− OpEx
−$17.4K −$4.35/SF
NOI
$52.2K $13.04/SF
Area
Imperial County, CA
Vacancy
5.90%
Lease Rate
$18.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,043,380
Cap Rate 7%
$745,271
Cap Rate 9%
$579,656

Alternative Uses

Best Use
Specialty Retail
$745.3K
$652.1K – $869.5K (±1% cap)
NOI $52,169 @ 7.0% cap · market cap 4.03%
Second Best
no second resolved use
Theoretical Best
Office A
$1.02M
$892.8K – $1.19M (±1% cap)
NOI $71,424 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Diosa Cantina, Inc. Bar & Pub

Suggested Use

Top Pick Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,372
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92243, CA

49,149
Population
15,908
Households
3.1
Avg Household Size
36
Median Age
16%
College-Educated
74%
High-School Grad
113.3 sq mi
ZIP Area
434
Density / Sq Mi
$55,890
Median Household Income
$31,170
Median Earnings
$992
Median Rent
$286,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Restaurante Bar & Karaoke La Tentacion 421 Wensley Ave, El Centro, CA 92243
  • Diosa Cantina, Inc. 600 Main St, El Centro, CA 92243
  • La Ramada Mariscos and Grill 395 broadway, el centro, ca 92243
  • Restaurante Bar & Karaoke La Tentacion el centro, ca 92243
  • D'Poly Taco, Grill & Beer 1573 Main St, El Centro, CA 92243

Frequently Asked Questions

What type of property is this?
Night club - Turnkey nightclub and bar with transferable Type 48 liquor license and included furnishings, fixtures, and equipment.
Where is this night club located?
The property is located at 600 W Main Street El Centro, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 4,000 sq ft nightclub/bar space (40 ft x 100 ft) on Main Street in El Centro, CA, suited for events and private parties; Clean, transferable Type 48 liquor license (full liquor, no food requirement) included with the sale; Turnkey business sale includes furniture, fixtures, equipment, and inventory for immediate ownership transfer
More about this property
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