50949 Washington St La Quinta, CA 92253-2890
- Strip malls
- 6,760 SF
- 0.85 lot acres
Current Use by Public Records
- Luxury Leasing Inc. / Vacation Home Rental Agency
- Beautiful Day / Brunch Restaurant / Breakfast Restaurant
- Dr. David Ting / Dentist
- Royalty Pressure Washing / Window Cleaning Service
- Great Clips / Hair Salon / Beauty Salon
Property Details for 50949 Washington St
- Year built
- 1995
- Construction
- WOOD
- Lot size
- 0.85 lot acres
- Property size
- 6,760 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 770-020-016
- APU
- 770020016
Description
This exceptional opportunity presents the chance to acquire a thriving restaurant and wine bar in the heart of La Quinta, California. Located at 50949 Washington Street, within the La Quinta Village shopping center, this Class B property enjoys a prime location across from City Hall. The business is renowned as La Quinta's go-to destination for breakfast and brunch, boasting a menu featuring locally sourced, high-quality, organic ingredients, including vegan options alongside traditional fare. A diverse beverage selection complements the menu, including unique teas, lattes, beers, and wines. Currently operating Monday 8:00 am - 1:30 pm and Thursday-Sunday 8:00 am - 1:30 pm, the business benefits from both charming interior seating and outdoor patio space. Significant sales growth potential exists through expanded operating hours. This asset sale includes all furniture, fixtures, and equipment (FF&E), a Type 41 liquor license, recipes, and the assignment of the lease agreement. The sale price encompasses both the restaurant and the owner's established catering business, although the restaurant can be purchased separately. The shopping center's strong tenant mix includes Grocery Outlet, Starbucks, Los Arcos Mexican Food, Basil Thai, Soul of China, and El Toro Loco, ensuring high foot traffic and visibility. This is a turnkey operation ready for a new owner to capitalize on its existing success and substantial growth potential. The property is situated at the Northwest corner of Washington Street and Calle Tampico.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Quinta
- County
- Riverside
- State
- California
- Longitude
- -116.297
- Latitude
- 33.6786
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA