73489 29 Palms, 29 Palms, CA 92277
Turnkey food-service space with included commercial kitchen equipment, well suited for a bakery, café, or restaurant concept.
- Added:
- Mar 8, 2025
- Days on Market:
- 463
- Last Refresh:
- Jun 14 at 1:48 am
Property Features for 73489 29 Palms
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1948
Listing agent Dajanae Stevens License #02060250
Listing office Coldwell Banker Roadrunner Realty (760) 365-8880
Listing date Mar 8, 2025
Source Xome
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HighLights
- Over 1,500 sq. ft. of commercial space in Downtown Twentynine Palms
- Previously operated as a bakery; includes commercial kitchen equipment in the sale
- Space is suitable for bakery, café, or restaurant concepts (per prior use and included equipment)
- Central air and evaporative cooling
- Heating listed as 3
- Located near Project Phoenix and the 29 Palms Farmers Market, with public transport nearby
Overview
Located at 73489 29 Palms in Twentynine Palms, the property is described as being in the heart of Downtown Twentynine Palms. Public remarks indicate the space benefits from surrounding demand drivers, including nearby Project Phoenix and the 29 Palms Farmers Market, as well as additional new restaurants and businesses in the area.
For buyers and operators, the combination of an established food-service layout and included kitchen equipment can reduce upfront build-out requirements for many bakery and restaurant users. If you’re looking for a ready-to-operate storefront-style opportunity for a café, bakery, or similar restaurant use, this property’s existing operational fit and turnkey equipment are the key practical considerations.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.4k | $21.60 |
| − Vacancy | −$1.7k | −$1.12 |
| EGI | $30.7k | $20.48 |
| − OpEx | −$9.2k | −$6.14 |
| NOI | $21.5k | $14.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- 29 Palms
- County
- State
- California
- Longitude
- -116.0586849
- Latitude
- 34.1353115
