400 Sorensen Avenue, Calipatria, CA 92233 (MLS # 219120477DA)

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PRICE $3,200,000 dsIDX morgage calculator
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Calipatria Inn - A Prime Investment Opportunity in the Heart of IndustrySituated amidst thriving existing industries and poised for future growth, the Calipatria Inn offers 41 rentable rooms, including 8 suites (one featuring a Jacuzzi), 21 double-bed rooms, and 12 king singles. The property is fully operational, catering to both short- and long-term tenants, with a history of serving the local prison system, geothermal operations, agricultural businesses, and the general public.The hotel boasts a charming Spanish-style lobby, a conference/dining area, and a fully equipped commercial kitchen. The registration office includes an on-site residential space for management, making it convenient for hands-on operation.With plans for expanding local industries, such as geothermal energy and lithium mining, the area is expected to see significant job growth, driving increased demand for residential accommodations.This 100% operational hotel represents an outstanding investment opportunity for a buyer looking to make strategic improvements and modernize the property. The pool, while functional, currently requires a jet motor replacement and has been drained. Not affiliated with any major hotel chains, the Calipatria Inn offers flexibility for branding or franchise opportunities. With high construction costs in today's market, purchasing this turnkey hotel allows for cost-effective upgrades to restore it to like-new condition.

FORECLOSURE
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 1 LAST UPDATED 11/23/2024
YEAR BUILT 1984 COMMUNITY Calipatria
COUNTY Imperial STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA Calipatria
HEAT Central, Electric, Forced Air, Heat Pump, Natural Gas
HOA DUES 0
LOT DESCRIPTION Desert Back, Front Yard, Landscaped, Lot Over 40000 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Zero Lot Line
STORIES 2
UTILITIES Electricity Available,Electricity Connected,Natural Gas Available,Phone Connected,Underground Utilities
ZONING C-1/C-P
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Windermere Real Estate

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