72595 El Paseo Palm Desert, CA 92260-3344

Property Details for 72595 El Paseo

Year built

2003

Construction

WOOD

Lot size

0.39 lot acres

Property size

8,075 SF

Property type

Turn key restaurants

APN

640-370-003

APU

640370003

Description

This exceptional 8,075 square foot Class A restaurant, built in 2003, is situated on a 16,988 square foot lot at 72595 El Paseo in the prestigious Palm Desert, CA, 92260 El Paseo Corridor. The single-story building boasts a charming French farmhouse design, featuring a captivating fireplace and a spacious patio with an additional fireplace and picturesque art garden views. The interior includes a stylish bar and a display kitchen with extensive glass walls. This turnkey operation includes all real estate, a liquor license, furniture, fixtures, and equipment, offering a seamless transition for a new owner. The asking price is $5,600,000, or $693.50 per square foot. Creative financing options are available. This represents a rare opportunity to acquire a thriving, established restaurant in a highly desirable location. The property features a single tenancy and is offered as a fee simple ownership. The APN is 640-370-003.

Location Insight

City

Palm Desert

County

Riverside

State

California

Longitude

-116.4

Latitude

33.7228

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments