Restaurant and Bakery
73489 29 Palms 29 Palms, CA 92277
For Sale
$400,000
Turnkey food-service space with included commercial kitchen equipment, well suited for a bakery, café, or restaurant concept.
Property Size1,500 SF
Price / SF$266.67
Days on Market526
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 Agency:
Coldwell Banker Roadrunner Realty
(760) 365-8880
Listed By:
Dajanae Stevens · License #02060250
Source:
Xome
Added: Feb 18, 2025
Changed: Jul 10
Last Checked: Jul 29 at 4:27AM
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 Roadrunner Realty
Investment Insights
Based on property information with market context.
This for-sale food-service property offers more than 1,500 sq. ft. and has operated as a bakery. The space is being offered with commercial kitchen equipment included in the sale, supporting immediate continuation or a streamlined transition to a new food-service operator. The configuration is appropriate for concepts such as a bakery, café, or restaurant, with the kitchen set up to support daily preparation and production.
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.
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.
Key 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)
Financial Insights For Specialty 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 | $20.7k | $13.80 |
| − Vacancy | −$1.3k | −$0.87 |
| EGI | $19.4k | $12.93 |
| − OpEx | −$4.8k | −$3.23 |
| NOI | $14.5k | $9.70 |
1,500 SF · lease $13.80/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$207.8K
$181.8K – $242.5K
NOI $14,547 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$176.0K
$154.0K – $205.3K
NOI $12,318 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$316.4K
$276.9K – $369.1K
NOI $22,148 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey food-service space with included commercial kitchen equipment, well suited for a bakery, café, or restaurant concept.
Where is this conventional restaurant located?
The property is located at 73489 29 Palms 29 Palms, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 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)
