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    OFF-MARKET
    Retail properties & Spaces

    110 Main St, Calipatria, CA 92233

    10,600 SF Built 1994
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1994
    Total area 10,600 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Primo Water Refill Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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