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Restaurant Building with Stage

70030 Hwy 111, Rancho Mirage, CA 92270

For Sale
New
$7,995,000

The offering includes a Type 47 ABC license and restaurant equipment; the existing business name and branded furnishings are excluded.

Property Size12,300 SF
Price / SF$650
Days on Market6

Property Features for 70030 Hwy 111

General Information

Standard status Active
Size 12,300 SF
Property subtype Special Purpose

Restaurant

Equipment Included Yes
Liquor License Yes

Amenities

elevated stage

Building Details

Building Size 12,300 SF
Buildings 1
Listing Agency: LHC Commercial
Listed By: Mathew Thomas · License #02096128
Source: Velocityrealtysd
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 8 at 12:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LHC Commercial

Rey
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Investment Insights

Based on property information with market context.

Offered as a fee-simple land and building sale, this approximately 12,300-square-foot restaurant property includes equipment, FF&E, and a Type 47 ABC license. The existing business name and branded furnishings are not part of the offering.

The building is configured to support a full restaurant alongside a separate venue area. An elevated stage is already installed, providing a physical feature for the venue space.

Key Highlights

  • Approximately 12,300 SF building
  • Type 47 ABC license, equipment, and FF&E included
  • Layout supports a restaurant and separate venue

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Pharmacy Auto Parts Store Nail Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Public Storage Shops & Services
2,159 visits/mo 0.2 miles

Demographics for 92270, CA

16,999
Population
14,936
Households
1.1
Avg Household Size
66
Median Age
47%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
664
Density / Sq Mi
$109,943
Median Household Income
$60,084
Median Earnings
$1,575
Median Rent
$747,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Riverside County, CA

$687 Jul
$378 Aug
$296 Sep
$450 Oct

Properties on Market for Conventional restaurants in Riverside County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering includes a Type 47 ABC license and restaurant equipment; the existing business name and branded furnishings are excluded.
Where is this conventional restaurant located?
The property is located at 70030 Hwy 111 Rancho Mirage, CA.
What is the asking price?
The asking price for this property is $7,995,000.
What are key features of this property?
This property features: Approximately 12,300 SF building; Type 47 ABC license, equipment, and FF&E included; Layout supports a restaurant and separate venue
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