Commercial Kitchen with
For Sale
$380,000
Pending
73489 29 Palms, 29 Palms, CA 92277
Commercial Sale, 29 Palms, CA
Property Size1,500 SF
Days on Market561
Property Features for 73489 29 Palms
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
property located on Hwy. 62
Subdivision
DC727 - Adobe
Standard status
Pending
APN
0617111130000
Utilities
Cooling system
Evaporative Cooling, Central Air, Ductless
Building Details
Year built
1948
Listing Agency:
Coldwell Banker Roadrunner Realty · Coldwell Banker Real Estate
(760) 365-8880
Listed By:
Dajanae Stevens · License #02060250
(760) 902-8139
Added: Apr 21, 2025
Changed: Nov 2
Last Checked: Nov 2 at 10:06PM
MLS# JT25087511
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This commercial kitchen property includes equipment suited to food preparation and service. Cooling options include evaporative cooling, central air, and ductless systems. The building dates to 1948.
At 73489 29 Palms in 29 Palms, California, the property is in the downtown area. The stated context includes the Project Phoenix development, the 29 Palms Farmers Market, and nearby restaurants and businesses. Joshua Tree National Park is described as minutes away.
At 73489 29 Palms in 29 Palms, California, the property is in the downtown area. The stated context includes the Project Phoenix development, the 29 Palms Farmers Market, and nearby restaurants and businesses. Joshua Tree National Park is described as minutes away.
Key Highlights
- Commercial kitchen equipment is included in the sale
- Evaporative cooling, central air, and ductless cooling systems
- Built in 1948
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,501
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,020
$430.0K
Cap Rate 7%
$307,157
$307.2K
Cap Rate 9%
$238,900
$238.9K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$32.4K $21.60/SF
− Vacancy
−$1.7K −$1.12/SF
EGI
$30.7K $20.48/SF
− OpEx
−$9.2K −$6.14/SF
NOI
$21.5K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,020
Cap Rate 7%
$307,157
Cap Rate 9%
$238,900
Alternative Uses
Best Use
Retail
$307.2K
$268.8K – $358.4K
NOI $21,501 @ 7.0% cap · market cap 5.66%
Second Best
Specialty Retail
$207.8K
$181.8K – $242.5K
NOI $14,547 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$316.4K
$276.9K – $369.1K
NOI $22,148 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 92277, CA
23,988
Population
13,657
Households
1.8
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
1,599.1 sq mi
ZIP Area
15
Density / Sq Mi
$55,515
Median Household Income
$40,928
Median Earnings
$1,267
Median Rent
$224,300
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - Existing food-service equipment supports a range of commercial kitchen operations.
Where is this commercial kitchen located?
The property is located at 73489 29 Palms 29 Palms, CA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Commercial kitchen equipment is included in the sale; Evaporative cooling, central air, and ductless cooling systems; Built in 1948
