700 Sorensen AveCalipatria, CA 92233

For Sale
$3,500,000
41-Room Motel, Redevelopment Potential

Overview

Added:
Dec 11, 2024
Days on market:
126
This well-maintained 41-room motel in Calipatria, CA, presents a compelling investment opportunity. Situated on a five-acre lot with 16,983 square feet of building space, the property offers significant potential for repositioning. Built in 1994, the motel boasts extensive furnishings, fixtures, and equipment (FF&E), providing a near turnkey operation. The current zoning (CP - Commercial Professional) permits "Residential Care Facilities" by right, opening doors to alternative uses such as senior housing, farmworker housing, or government-assisted housing – all significantly underserved in the area. The property's location along Highway 111 offers convenient access and proximity to major lithium extraction projects in the burgeoning "Lithium Valley," promising future growth. Approximately 3.2 acres of vacant land provide ample space for expansion or future development. The asking price is $3,500,000, with a price per square foot of $206.09. The property consists of four buildings and has a total of 41 keys. The property's APN is 023-070-003, 023-070-004. This is a rare chance to acquire a well-maintained property with substantial upside potential in a dynamic market. Buyer to conduct its own due diligence regarding zoning for its intended use.

Highlights

  • $3,500,000 asking price for a well-maintained, 41-room hotel.
  • Five-acre site offering expansion potential.
  • Excellent repositioning opportunity for various uses in an underserved market, including permitted residential care facilities.
  • Convenient Highway 111 location in Northern Imperial County, near major lithium projects.
  • 16,983 square feet on four buildings, built in 1994.

Property Details for 700 Sorensen Ave

Property type
Retirement homes, Hospitality properties
Square Feet
16,983 SF
Year Built
1994
Buildings
4
Lot Size (sq. ft)
217,800 SF

Location Insight

City
Calipatria
County
Imperial
State
California
Latitude
33.132265678912
Longitude
-115.51420880344
700 Sorensen Ave, Calipatria, California

FAQs

What type of property is this?
Retirement home - 41-Room Motel, Redevelopment Potential
Where is the retirement home located?
The property is located at 700 Sorensen Ave Calipatria, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: $3,500,000 asking price for a well-maintained, 41-room hotel.; Five-acre site offering expansion potential.; Excellent repositioning opportunity for various uses in an underserved market, including permitted residential care facilities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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700 Sorensen Ave
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