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Established Restaurant With Parking
For Sale
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707 N Palm Canyon Drive, Palm Springs, CA 92262

Established dining operation with dual entrances, upgraded Type 47/48 liquor and catering package, and extensive FF&E.

Property Size4,800 SF
Price / SF$72.71
Days on Market14

Property Features for 707 N Palm Canyon Drive

General Information

Standard status Active
Size 4,800 SF
Class A
Total Parking Spaces 40
Property subtype Business for Sale
Lease Type NNN
Investment Type Owner/User

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes
Listing Agency: Coldwell Banker Commercial Lyle & Associates
Listed By: Michael Lyle · License #CA 02002995
Source: Crexi
Added: Jul 29 Changed: Aug 9 Last Checked: Aug 10 at 3:16PM

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 Coldwell Banker Commercial Lyle & Associates

Investment Insights

Based on property information with market context.

TRIO is an established restaurant operation at 707 N Palm Canyon Drive in Palm Springs. Opened in 2009, the property includes approximately 4,800 SF of restaurant space, extensive furniture, fixtures, and equipment, and completed leasehold improvements. A dual-entrance layout supports separate guest and operational circulation, while the upgraded Type 47/48 liquor and catering package expands the existing operating framework.

The restaurant is positioned within Palm Springs’ Uptown Design District along North Palm Canyon Drive. Approximately 40 on-site parking spaces accompany the property, a notable physical feature for a restaurant in this setting. The sale includes the operating platform, equipment, improvements, and established goodwill associated with the TRIO name.

Key Highlights

  • Approximately 4,800 SF restaurant property at 707 N Palm Canyon Drive
  • Opened in 2009 and located in Palm Springs’ Uptown Design District
  • Approximately 40 on‑site parking spaces

Property Analytics

Current Use

TRIO Catering Take-out & Catering Trio Restaurant Restaurant Liquid Catering Take-out & Catering

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience 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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,568
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92262, CA

26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established dining operation with dual entrances, upgraded Type 47/48 liquor and catering package, and extensive FF&E.
Where is this conventional restaurant located?
The property is located at 707 N Palm Canyon Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Approximately 4,800 SF restaurant property at 707 N Palm Canyon Drive; Opened in 2009 and located in Palm Springs’ Uptown Design District; Approximately 40 on‑site parking spaces
(760) 772-6400 Call to check price and availability
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