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 |