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416 S J St 2,343 SF Retail Building Imperial, CA 92251 $1,788,800 ($763.47/SF)
Investment Highlights
- The sale includes both the K Sushi Bar & Grill business and the underlying real estate.
- Freestanding restaurant building positioned within Imperial's commercial area.
- Existing restaurant operation provides immediate continuity for a new owner.
- Fully equipped and operating restaurant with existing improvements in place.
- Opportunity for an owner-user to acquire an operating restaurant business.
- Seller indicates the property may be suitable for a 1031 Exchange transaction.
Executive Summary
416 S J St presents the opportunity to acquire both the real estate and the operating business of K Sushi Bar & Grill in Imperial, California. The offering includes a freestanding restaurant building and the established restaurant operation, creating flexibility for an owner-user seeking an immediate operating platform or an investor pursuing a hospitality-related asset. The property is fully equipped and currently operating, reducing the time and expense typically associated with restaurant startup and buildout.
Located in the heart of the City of Imperial, the site benefits from its position within the community's commercial core, providing accessibility to local residents, businesses, and visitors throughout the Imperial Valley region. Imperial is situated near El Centro and serves as an important hub for government, agricultural, educational, and service-sector activity in the area. The property's established restaurant use, existing improvements, and operating business create a turnkey opportunity for buyers seeking both a commercial asset and an ongoing enterprise. The seller has also identified the offering as a potential 1031 Exchange opportunity. This unique combination of business and real estate ownership allows a purchaser to capitalize on an existing operation while controlling the underlying property.
Located in the heart of the City of Imperial, the site benefits from its position within the community's commercial core, providing accessibility to local residents, businesses, and visitors throughout the Imperial Valley region. Imperial is situated near El Centro and serves as an important hub for government, agricultural, educational, and service-sector activity in the area. The property's established restaurant use, existing improvements, and operating business create a turnkey opportunity for buyers seeking both a commercial asset and an ongoing enterprise. The seller has also identified the offering as a potential 1031 Exchange opportunity. This unique combination of business and real estate ownership allows a purchaser to capitalize on an existing operation while controlling the underlying property.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,343 SF
Building Class
C
Year Built
2008
Price
$1,788,800
Price Per SF
$763.47
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.31 AC
Zoning
C-1 - Commercial
Parking
19 Spaces (8.11 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 064-151-003-000 | Improvements Assessment | $554,000 |
| Land Assessment | $189,000 | Total Assessment | $743,000 |
Property Taxes
Parcel Number
064-151-003-000
Land Assessment
$189,000
Improvements Assessment
$554,000
Total Assessment
$743,000
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416 S J St