796 Evan Hewes Hwy El Centro, CA 92243
- Specialty properties
- 3.92 lot acres
Current Use by Public Records
- Old Eucalyptus Schoolhouse / Banquet Hall
Property Details for 796 Evan Hewes Hwy
- Lot size
- 3.92 lot acres
- Property type
- Specialty properties
- APN
- 064-460-011-000
- APU
- 64460011000
Description
This exceptional turnkey business opportunity presents the Old Eucalyptus Schoolhouse, a renowned banquet facility in El Centro, CA. Located at 796 W Evan Hewes Hwy, 92243, this 13,160 square foot property sits on a 170,755 square foot lot (APN: 064-460-011-000). Built in 1907, this single-story building boasts a rich history, having operated successfully as both The Desert Rose Saloon and the current Old Eucalyptus Schoolhouse. The property includes indoor seating for up to 500 guests, with place settings for 700, a fully equipped kitchen and bar, and a manager's apartment. Recent upgrades include a Title 22 compliant water system, fresh interior paint, new carpeting, multiple AC units, and extensive interior and exterior maintenance. All fixtures, equipment, the business name, a Type 47 ABC license, a high-quality sound system, and laser lighting are included in the sale. The business currently caters to a wide range of events, including weddings, quinceañeras, and corporate functions, with bookings returning to pre-pandemic levels and showing consistent monthly growth. The asking price is $1,995,000 ($151.60/sq ft). This is a rare opportunity to acquire an established, profitable business with significant growth potential in the Imperial Valley.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $300,000
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Location Insight
- Map
- Local Demand
- City
- El Centro
- County
- Imperial
- State
- California
- Longitude
- -115.603
- Latitude
- 32.7973
- CBSA code
- 20940
- CBSA name
- EL CENTRO, CA METROPOLITAN STATISTICAL AREA
