110 Main StCalipatria, CA 92233

Property Details for 110 Main St

Year built

1994

Property size (Sq ft)

10,600 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional turnkey grocery store opportunity in Calipatria, CA, presents a compelling investment prospect. Located at 110 W Main St, 92233, this 10,600 square foot retail space (APN: 023-232-011-000) boasts a rich history, having operated successfully for 29 years before its recent closure. The asking price is $350,000, representing a net lease investment. The property, built in 1994, includes all fixtures and equipment, offering a complete, ready-to-operate business. The store features a full-service layout encompassing grocery, produce, deli, service deli, meat, and frozen food sections, supported by multiple refrigerated walk-in boxes. Recent improvements include new flooring and serviced refrigeration. Historical sales averaged $1,800,000 annually, with above-average net profit margins and a competitive lease rate. Situated in the burgeoning heart of California's Lithium Valley, Calipatria currently lacks a full-service grocery store, creating significant market demand. This presents a unique chance to capitalize on a thriving community and fill a crucial market need. The property is offered as a business only sale.

Location Insight

City

Calipatria

County

Imperial

State

California

Latitude

33.1262

Longitude

-115.515

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