796 W Evan Hewes - Restaurant FOR SALE


El Centro, CA 92243
$1,995,000 USD
760-352-7700
796 W Evan Hewes, El Centro, CA for Sale
$1,995,000 USD
Restaurant - FOR SALE
1/48
null | Request Cap Rate

796 W Evan Hewes
El Centro, CA 92243


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.92 AC

LAND SF

170,755 SF

ZONING

C

APN/PARCEL ID

064-460-011-000

ASK ABOUT THIS PROPERTY

760-352-7700

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760-352-7700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.