110 Main St Calipatria, CA 92233
- Retail properties
- 10,600 SF
Current Use by Public Records
- Primo Water Refill / Bottled Water Supplier
Property Details for 110 Main St
- Year built
- 1994
- Property size
- 10,600 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional turnkey grocery store opportunity in Calipatria, CA, presents a compelling investment prospect. Located at 110 W Main St, 92233, this 10,600 square foot retail space (APN: 023-232-011-000) boasts a rich history, having operated successfully for 29 years before its recent closure. The asking price is $350,000, representing a net lease investment. The property, built in 1994, includes all fixtures and equipment, offering a complete, ready-to-operate business. The store features a full-service layout encompassing grocery, produce, deli, service deli, meat, and frozen food sections, supported by multiple refrigerated walk-in boxes. Recent improvements include new flooring and serviced refrigeration. Historical sales averaged $1,800,000 annually, with above-average net profit margins and a competitive lease rate. Situated in the burgeoning heart of California's Lithium Valley, Calipatria currently lacks a full-service grocery store, creating significant market demand. This presents a unique chance to capitalize on a thriving community and fill a crucial market need. The property is offered as a business only sale.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calipatria
- County
- Imperial
- State
- California
- Longitude
- -115.515
- Latitude
- 33.1262
