796 W Evan Hewes

796 W Evan Hewes , El Centro, California, 92243 | 13,160 sq.f | $ 2,400,000

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About This Restaurant

Investment Highlights

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

Executive Summary

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.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    13,160
  • Building Class    C
  • Year Built/Renovated    1925/2008
  • Price    2,400,000
  • Price Per SF    182
  • Percent Leased    Vacant
  • Building Height    1 Story
  • Building FAR    0.08
  • Land Acres    3.92 AC

Property Taxes

Parcel Number 064-460-011-000 Improvements Assessment $133,751
Land Assessment $1,035,549 Total Assessment $1,169,300
Date Created: 2024-07-16 04:09:25 Last Updated: 2024-07-16 04:09:25
Address: 796 W Evan Hewes , El Centro, California, 92243