For Sale
$496,000

235 Main StCalipatria, CA 92233

High-yield commercial property in booming Calipatria.

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial property in Calipatria, CA, presents a compelling investment opportunity. The 1.34-acre lot (58,370 square feet) is strategically located at the southwest corner of East Main Street and West of Railroad Avenue, within a commercially zoned area. The property encompasses a total of 5,400 square feet, comprising two buildings totaling 4,400 square feet of self-storage units and an additional 1,000 square feet currently leased to Napa Auto Parts. This long-term tenant maintains a month-to-month lease agreement, generating a consistent monthly rental income of $3,000. The property benefits from its location in Calipatria, a rapidly growing area dubbed "Lithium Valley," experiencing significant economic expansion. This growth is fueled by the recent commencement of construction on a major $1.85 billion direct lithium extraction plant by Controlled Thermal Resources Holdings Inc., marking a significant milestone for the region. The limited availability of commercially zoned properties in this area further enhances the value and potential of this investment. This property offers a blend of stable rental income and significant future appreciation potential, making it an attractive proposition for discerning investors seeking exposure to a dynamic and expanding market. The property is priced at $496,000.

Property Details for 235 Main St

Property type
Square Feet
5,400 SF
Lot Size (sq. ft)
58,370 SF

Location Insight

City
Calipatria
County
IMPERIAL
State
California
Latitude
33.12556
Longitude
-115.5104
235 Main St, Calipatria, California

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235 Main St
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