Log In/Sign Up
Your email has been sent.
Lazy Lizard Saloon 1194 N Imperial Hwy 3,458 SF 100% Leased Retail Building Ocotillo, CA 92259 $385,000 ($111.34/SF)
Investment Highlights
- Well established bar/restaurant where you can work and live!
- Tremendous upside potential!
Executive Summary
* Two buildings on property: 2,004 sq.ft. Bar (Lazy Lizard Saloon https://www.yelp.com/biz/lazy-lizard-saloon-ocotillo) in front
* Generous sized 1,424 sq.ft. 2 bedroom/1 bath house in rear
* Both tenants on month-to-month leases paying well below market rents, with bar at $600 per month and house at $700
* .42 acre lot size with Assessor Parcel Number 033-555-014 (Imperial County) with great parking onsite and off
* Zoned C-2 (Medium Commercial) with wide range of permitted uses
* Bar has existed for 32 years and is busiest during the off-road season (October - May)
* Any bar business sale to be negotiated separately with operator (Beer and Wine License)
* Electricity is through IID and water through Coyote Valley Water (local wells)
* Located at direct exit on and off of Interstate 8 (only 3/10 mile)
* Generous sized 1,424 sq.ft. 2 bedroom/1 bath house in rear
* Both tenants on month-to-month leases paying well below market rents, with bar at $600 per month and house at $700
* .42 acre lot size with Assessor Parcel Number 033-555-014 (Imperial County) with great parking onsite and off
* Zoned C-2 (Medium Commercial) with wide range of permitted uses
* Bar has existed for 32 years and is busiest during the off-road season (October - May)
* Any bar business sale to be negotiated separately with operator (Beer and Wine License)
* Electricity is through IID and water through Coyote Valley Water (local wells)
* Located at direct exit on and off of Interstate 8 (only 3/10 mile)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,458 SF
Building Class
C
Year Built/Renovated
1958/1967
Price
$385,000
Price Per SF
$111.34
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.42 AC
Zoning
C-2 - Commercial
Frontage
100’ on Imperial Highway
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lazy Lizard Saloon
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lazy Lizard Saloon | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Property Taxes
| Parcel Number | 033-555-014-000 | Improvements Assessment | $69,152 |
| Land Assessment | $15,355 | Total Assessment | $84,507 |
Property Taxes
Parcel Number
033-555-014-000
Land Assessment
$15,355
Improvements Assessment
$69,152
Total Assessment
$84,507
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Lazy Lizard Saloon | 1194 N Imperial Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.