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    Palm Springs, CA Restaurants for Sale

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    Desert Hot Springs, CA Whitewater, CA Cathedral City, CA North Palm Springs, CA Sky Valley, CA Rancho Mirage, CA Idyllwild, CA Thousand Palms, CA
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    Palm Springs Restaurant Investment Opportunity
    Updated: Jan 23
    Palm Springs Restaurant Investment Opportunity

    450 S Palm Canyon Dr, Palm Springs, CA 92262

    $4,700,000
    10,490 sqft 0.80 AC lot
    Premier downtown Palm Springs location on South Palm Canyon Drive.
    Multi‑tenant NNN restaurant investment providing passive income.
    Attractive 6.27% cap rate and $294,624 NOI.
    Longstanding, proven tenancy anchored by Johnny Costa’s Ristorante.
    Substantially renovated in 2022 with modernized improvements and outdoor patio.
    View details
    East Palm Canyon Redevelopment Opportunity
    Updated: Mar 5
    East Palm Canyon Redevelopment Opportunity

    1201, 1243, 1269 East Palm Canyon Drive, Palm Springs, CA 92264

    $12,475,000
    4,375 sqft 1.34 AC lot
    Prime location in the highly desirable East Palm Canyon Corridor, between the Ace Hotel and the Saguaro Hotel.
    Redevelopment opportunity with a new 99‑year ground lease term starting May 1, 2024.
    Portfolio includes a 143‑room hotel and two restaurant properties.
    Total land area of ±6.99 acres across three parcels.
    Located in a wind‑free area of Palm Springs.
    View details
    Commercial
    Commercial

    707 745 Palm Canyon Dr, Palm Springs, CA 92262

    $4,400,000
    8,830 sqft 0.72 AC lot

    Retail space · 8,830 SF

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Prime Leased Investment Opportunity
    Prime Leased Investment Opportunity

    664-668 N Palm Canyon, Palm Springs, CA 92262

    $4,395,000
    11,387 sqft

    Fully leased commercial property in Palm Springs' historic Uptown District.

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    Iconic Palm Springs Entertainment Venue
    Iconic Palm Springs Entertainment Venue

    266 Palm Canyon Dr, Palm Springs, CA 92262

    $4,699,995

    Prime downtown location with reliable rental income.

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    Prime Palm Springs Investment Opportunity
    Prime Palm Springs Investment Opportunity

    664 668 Palm Canyon Dr, Palm Springs, CA 92262

    $4,395,000

    100% leased property in Palm Springs' historic Uptown District.

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    Palm Springs Restaurant Opportunity
    Palm Springs Restaurant Opportunity

    262 S Palm Canyon Drive, Suite 100, Palm Springs, CA 92262

    $7,895,000

    Restaurant space on South Palm Canyon Drive with high foot traffic.

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    Palm Canyon Drive Restaurant Opportunity
    Palm Canyon Drive Restaurant Opportunity

    1800 N Palm Canyon Dr, Palm Springs, CA 92262

    $7,500,000

    Restaurant property on North Palm Canyon Drive for sale.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Palm Springs, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Established Restaurant with Liquor License
    Established Restaurant with Liquor License

    69032 East Palm Canyon Drive, Cathedral City, CA 92234

    $625,000
    4,000 sqft

    Profitable restaurant and catering business with Type 47 liquor license.

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    Iconic Restaurant Opportunity in Cathedral
    Iconic Restaurant Opportunity in Cathedral

    32123 Cathedral Canyon Dr, Cathedral City, CA 92234

    $1,395,000
    0.16 AC lot

    Landmark restaurant with full liquor license and equipped kitchen.

    View details
    Landmark El Paseo Corner Property
    Landmark El Paseo Corner Property

    73640 El Paseo, Palm Desert, CA 92260

    $6,999,000

    Iconic multi-use property in the heart of El Paseo.

    View details
    New Denny's Restaurant For Sale
    New Denny's Restaurant For Sale

    42455 Washington St, Palm Desert, CA 92211

    $2,250,000
    4,500 sqft

    Recently constructed Denny's restaurant property available for purchase.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mixed-Use Land Site
    Mixed-Use Land Site

    16 Mihalyo Road, Cathedral City, CA 92240

    $1,288,000
    5.00 AC lot

    Approximately five-acre MU-U zoned land parcel in Cathedral City, suited for mixed-use redevelopment planning.

    View details
    Residential Lots in Cathedral City
    Residential Lots in Cathedral City

    68719500 9, Cathedral City, CA 92234

    $1,250,000
    0.84 AC lot

    Six residential lots available for development in Cathedral City, CA.

    View details
    Commercial Land Parcel, C-G Zoned
    Commercial Land Parcel, C-G Zoned

    70265 Hwy 111, Rancho Mirage, CA 92270

    $3,600,000
    4.72 AC lot

    C-G zoned commercial land offering development flexibility near Hwy 111 in Rancho Mirage.

    View details
    High-Frontage General Commercial Land
    High-Frontage General Commercial Land

    70265 Hwy 111, Rancho Mirage, CA 92270

    $3,600,000

    Finished highway frontage along a major corridor offers flexible options under C-G zoning for a variety of commercial uses.

    View details

    Off-Market Properties in Palm Springs, CA

    Consider similar Off-Market properties in Palm Springs, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    471 Indian Cyn Dr
    RESTAURANT

    471 Indian Cyn Dr, Palm Springs, CA 92262-7828

    Value Estimation by Request
    4,600 sqft 0.52 AC lot
    View details
    1180 Palm Cyn Dr
    RESTAURANT

    1180 Palm Cyn Dr, Palm Springs, CA 92264-8334

    $1,355,000
    Estimated value
    3,447 sqft 0.72 AC lot
    View details
    2591 Tahquitz Cyn Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    2591 Tahquitz Cyn Way, Palm Springs, CA 92262-7013

    $15,000,000
    Estimated value
    0.82 AC lot
    View details
    419 Palm Cyn Dr
    RESTAURANT

    419 Palm Cyn Dr, Palm Springs, CA 92262-5602

    Value Estimation by Request
    2,691 sqft 0.15 AC lot
    View details
    238 Palm Cyn Dr
    RESTAURANT

    238 Palm Cyn Dr, Palm Springs, CA 92262-5510

    $2,500,000
    Estimated value
    3,163 sqft 0.17 AC lot
    View details
    725 Palm Cyn Dr
    RESTAURANT

    725 Palm Cyn Dr, Palm Springs, CA 92264-8126

    $605,000
    Estimated value
    3,470 sqft 0.97 AC lot
    View details
    1501 Palm Cyn Dr
    RESTAURANT

    1501 Palm Cyn Dr, Palm Springs, CA 92262-4409

    $2,700,000
    Estimated value
    4,278 sqft 0.75 AC lot
    View details
    205 Palm Cyn Dr
    RESTAURANT

    205 Palm Cyn Dr, Palm Springs, CA 92262-6310

    $790,000
    Estimated value
    7,424 sqft 0.61 AC lot
    View details
    849 Palm Cyn Dr
    RESTAURANT

    849 Palm Cyn Dr, Palm Springs, CA 92262-4423

    $2,610,000
    Estimated value
    8,054 sqft 0.55 AC lot
    View details
    1201 Palm Cyn Dr
    RESTAURANT

    1201 Palm Cyn Dr, Palm Springs, CA 92262-4403

    Value Estimation by Request
    3,456 sqft 0.92 AC lot
    View details
    2665 Palm Cyn Dr
    RESTAURANT

    2665 Palm Cyn Dr, Palm Springs, CA 92264-4827

    $1,745,000
    Estimated value
    7,027 sqft 0.99 AC lot
    View details
    2080 Palm Cyn Dr
    RESTAURANT

    2080 Palm Cyn Dr, Palm Springs, CA 92262-2922

    $2,875,000
    Estimated value
    6,747 sqft 1.24 AC lot
    View details
    102 Sunrise Way
    DRIVE-THRU RESTAURANT, FAST FOOD

    102 Sunrise Way, Palm Springs, CA 92262-5202

    $2,310,000
    Estimated value
    2,769 sqft 0.56 AC lot
    View details
    340 Palm Cyn Dr
    RESTAURANT

    340 Palm Cyn Dr, Palm Springs, CA 92262-5642

    Value Estimation by Request
    6,879 sqft 0.17 AC lot
    View details
    262 Palm Cyn Dr
    RESTAURANT

    262 Palm Cyn Dr, Palm Springs, CA 92262-6312

    $4,940,000
    Estimated value
    11,246 sqft 0.17 AC lot
    View details
    124 Palm Cyn Dr
    RESTAURANT

    124 Palm Cyn Dr, Palm Springs, CA 92262-6330

    Value Estimation by Request
    2,354 sqft 0.03 AC lot
    View details

    Palm Springs, CA Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Palm Springs, CA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 35,082 square feet of properties for sale, with an estimated market value of $25,970,000.

    Sale prices for restaurant properties in Palm Springs, CA start at $4,395,000, averaging $6,492,500, and reaching up to $12,475,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 7
    Bars & Pubs 1
    Coffee shops 1
    Drive through restaurants 1

    Demographics Overview

    Population 46K
    Population Growth (5Y) -3.4%
    Median Household Income $72,583
    College Educated 32.1%

    High-Yield Neighborhoods for Investment

    Identify Palm Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92262 $5M
    92264 $7.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.39%
    Property Tax per SF $15.19 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 92264

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