Prime Commercial Space in Twentynine
73489 29 Palms, Twentynine Palms, CA 92277
For Sale
$400,000
Commercial space near Joshua Tree National Park, ideal for restaurants.
Property Size1,500 SF
Lot Size0.07 Acres
Days on Market347
Property Features for 73489 29 Palms
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Roadrunner Realty
Listed By:
Dajanae Stevens · License #02060250
(760) 902-8139
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: May 10 at 11:30PM
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
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Investment Insights
Based on property information with market context.
This commercial space offers over 1,500 sq. ft. in Downtown Twentynine Palms, near Joshua Tree National Park. The property, previously a successful bakery, includes commercial kitchen equipment. It is suitable for a bakery, café, restaurant, or other food-service business. The location benefits from high traffic due to its proximity to Project Phoenix, the 29 Palms Farmers Market, and new restaurants and businesses. A new hotel being developed nearby is expected to increase foot traffic.
Key Highlights
- Prime commercial space, over 1,500 sq. ft., in Downtown Twentynine Palms, near Joshua Tree National Park.
- Includes commercial kitchen equipment, ideal for bakery, cafe, or restaurant.
- High‑traffic location near Project Phoenix and the 29 Palms Farmers Market.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,501
Cap Rate
5.38%
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 5.38%
Second Best
Specialty Retail
$207.8K
$181.8K – $242.5K
NOI $14,547 @ 7.0% cap · market cap 3.64%
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.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Balanced
Demand for This Use
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
$224,300
Median Home Value
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Market
Average Price Trend$/SF for Restaurants in San Bernardino County, CA
Properties on Market for Restaurants in San Bernardino County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Restaurant - Commercial space near Joshua Tree National Park, ideal for restaurants.
Where is this restaurant located?
The property is located at 73489 29 Palms Twentynine 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: Prime commercial space, over 1,500 sq. ft., in Downtown Twentynine Palms, near Joshua Tree National Park.; Includes commercial kitchen equipment, ideal for bakery, cafe, or restaurant.; High‑traffic location near Project Phoenix and the 29 Palms Farmers Market.
