For Sale
$496,000

235 Main StCalipatria, CA 92233

Lithium Valley Industrial Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This 5,400 square foot warehouse, built in 1990, is situated on a 1.34-acre lot (58,370 sq ft) at the southwest corner of East Main Street and West of Railroad Avenue in Calipatria, CA (92233). The property includes 4,400 square feet of self-storage space in two buildings, and an additional 1,000 square feet currently leased to Napa Auto Parts on a month-to-month basis at $3,000 per month. The property is zoned Commercial and benefits from its location in Calipatria, also known as "Lithium Valley," an area experiencing significant growth. This growth is driven by the construction of a new $1.85 billion direct lithium extraction plant, initiated in January 2024 by Controlled Thermal Resources Holdings Inc. The property offers a unique owner/user opportunity in a limited commercial zone with strong potential for future appreciation due to the burgeoning lithium industry. The single-story building presents a solid investment opportunity in a rapidly developing area. The asking price is $496,000, translating to $91.85 per square foot. The APN is 023-321-029.

Highlights

  • $496,000 asking price for a 5,400 SF warehouse.
  • 5,400 square feet, single-story warehouse built in 1990.
  • Located on a 1.34-acre lot (58,370 SF) at the southwest corner of East Main Street and West Railroad Avenue in Calipatria, CA.
  • Commercial zoning in a limited-availability area.
  • Situated in Calipatria, CA ("Lithium Valley"), benefiting from significant growth driven by a new $1.85 billion direct lithium extraction plant under construction.

Property Details for 235 Main St

Property type
Warehouses, Industrial properties
Square Feet
5,400 SF
Year Built
1990
Stories
1

Location Insight

City
Calipatria
County
Imperial
State
California
Latitude
33.1255658
Longitude
-115.5104873
235 Main St, Calipatria, California

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235 Main St
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