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    Cathedral City, CA
    Conventional Restaurant

    Cathedral City, CA Conventional Restaurants for Sale

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    Rancho Mirage, CA Palm Springs, CA Palm Desert, CA Thousand Palms, CA Salton City, CA Thermal, CA Desert Hot Springs, CA Indian Wells, CA
    Established Restaurant with Liquor License
    Updated: Mar 6
    Established Restaurant with Liquor License

    69032 East Palm Canyon Drive, Cathedral City, CA 92234

    $625,000
    4,000 sqft
    Established restaurant and catering business with a 25‑year operating history.
    Includes a Type 47 Liquor License.
    High annual sales of $1,400,000.00 with an owner's profit of $175,000.
    Comes with all Furniture, Fixtures, and Equipment (FF&E), including a 12 ft hood, 2 vans, and a storage container.
    Favorable lease terms: 4 years remaining plus two 3‑year extension options.
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    This listing looks promising.

    Here's a quick look at some key insights for

    69032 East Palm Canyon Drive, Cathedral City, CA 92234

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    • Est. Cap Rate

      8.1%
      Above avg (5.9%)

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $721K
      Above asking
    View Property Analytics
    Iconic Restaurant Opportunity in Cathedral
    Updated: Apr 24
    Iconic Restaurant Opportunity in Cathedral

    32123 Cathedral Canyon Dr, Cathedral City, CA 92234

    $1,395,000
    0.16 AC lot
    Iconic restaurant with landmark location
    Full liquor license type 47 included
    Fully equipped kitchen
    .16 acre lot with ample parking and room for growth
    Easy street access and ultimate visibility
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Cathedral City, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Anchored Shopping Center Opportunity
    Anchored Shopping Center Opportunity

    73625 Highway 111, Palm Desert, CA 92260

    Contact for pricing
    21,783 sqft

    Shopping center anchored by Keedy's Diner, with multiple smaller tenants in place along Highway 111.

    View details
    High-Visibility Highway Development Site
    High-Visibility Highway Development Site

    73340 Highway 111, Palm Desert, CA 92260

    $1,500,000
    0.38 AC lot

    Commercial land parcel with approximately 123' frontage on Highway 111 and prior restaurant development.

    View details
    Prime Leased Investment Opportunity
    Prime Leased Investment Opportunity

    664-668 N Palm Canyon, Palm Springs, CA 92262

    Contact for pricing
    11,387 sqft

    Fully leased commercial property in Palm Springs' historic Uptown District.

    View details
    Iconic Palm Springs Entertainment Venue
    Iconic Palm Springs Entertainment Venue

    266 Palm Canyon Dr, Palm Springs, CA 92262

    $4,699,995

    Prime downtown location with reliable rental income.

    View details

    Cathedral City, CA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Cathedral City, CA on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $2,020,000.

    Sale prices for conventional restaurants in Cathedral City, CA start at $625,000, averaging $1,010,000, and reaching up to $1,395,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Coffee shops 1

    Demographics Overview

    Population 60K
    Population Growth (5Y) -2.5%
    Median Household Income $68,731
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Cathedral City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92234 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.25%
    Property Tax per SF $18.25 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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