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Rancho Mirage, CA

Restaurants

Rancho Mirage, CA Restaurants for Sale

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Palm Desert, CA Cathedral City, CA Indian Wells, CA Lake Arrowhead, CA Thousand Palms, CA Vista Santa Rosa, CA Palm Springs, CA Bermuda Dunes, CA

Highway 111 Investment Opportunity

Updated: Mar 6

Highway 111 Investment Opportunity

70020-70026 Highway 111, Rancho Mirage, CA 92270

$4,500,000

Prime location on Highway 111 in Rancho Mirage's Restaurant Row.
Rare opportunity to purchase two contiguous properties.
Both properties are 100% occupied.
70020 Highway 111 has four tenants, including a Home Interior Store, Coin Shop, Coffee Shop, and a Residential Apartment.
70026 Highway 111 is occupied by a Restaurant.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 1 Active listings in Rancho Mirage, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 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.

High-Visibility Highway Development Site

High-Visibility Highway Development Site

73340 Highway 111, Palm Desert, CA 92260

$1,500,000

0.38 AC lot

Commercial land parcel with approximately 123' frontage on Highway 111 and prior restaurant development.

Anchored Shopping Center Opportunity

Anchored Shopping Center Opportunity

73625 Highway 111, Palm Desert, CA 92260

Contact for pricing

21,783 sqft

Shopping center anchored by Keedy's Diner, with multiple smaller tenants in place along Highway 111.

New Dutch Bros Drive-Thru

New Dutch Bros Drive-Thru

34051 Date Palm Dr, Cathedral City, CA 92234

Contact for pricing

27,442 sqft 0.63 AC lot

New 15-year NNN leased Dutch Bros with double drive-thru.

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.

General Commercial Highway Frontage Land

General Commercial Highway Frontage Land

70265 Hwy 111, Rancho Mirage, CA 92270

$3,600,000

4.72 AC lot

Commercial land zoned C-G with frontage on Highway 111 in Rancho Mirage, CA.

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.

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.

Commercial Lot at Hotel Entry

Commercial Lot at Hotel Entry

39565 Washington, Palm Desert, CA 92211

$1,498,000

2.05 AC lot

Commercial lot zoned COMM ACG at the entry of a two-hotel complex, with retail anchors across the street.

Off-Market Properties in Rancho Mirage, CA

Consider similar Off-Market properties in Rancho Mirage, 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.

72837 Dinah Shr Dr

RESTAURANT

72837 Dinah Shr Dr, Rancho Mirage, CA 92270-2708

Value Estimation by Request

3,184 sqft 1.21 AC lot

69640 Hwy 111

RESTAURANT

69640 Hwy 111, Rancho Mirage, CA 92270-2868

$1,665,000

Estimated value

9,032 sqft 1.36 AC lot

69620 Hwy 111

RESTAURANT

69620 Hwy 111, Rancho Mirage, CA 92270-2868

$1,640,000

Estimated value

6,122 sqft 0.97 AC lot

72797 Dinah Shr Dr

RESTAURANT

72797 Dinah Shr Dr, Rancho Mirage, CA 92270-2703

Value Estimation by Request

6,346 sqft 1.37 AC lot

70385 Hwy 111

RESTAURANT

70385 Hwy 111, Rancho Mirage, CA 92270-3021

$1,805,000

Estimated value

3,944 sqft 0.69 AC lot

42560 Bob Hope Dr

DRIVE-THRU RESTAURANT, FAST FOOD

42560 Bob Hope Dr, Rancho Mirage, CA 92270-4471

$2,425,000

Estimated value

3,885 sqft 1.52 AC lot

69600 Hwy 111

RESTAURANT

69600 Hwy 111, Rancho Mirage, CA 92270-2868

$1,935,000

Estimated value

9,135 sqft 1.01 AC lot

69950 Frank Sinatra Dr

RESTAURANT

69950 Frank Sinatra Dr, Rancho Mirage, CA 92270-2831

Value Estimation by Request

3,810 sqft 1.04 AC lot

69838 Hwy 111

RESTAURANT

69838 Hwy 111, Rancho Mirage, CA 92270-2837

Value Estimation by Request

6,291 sqft 1.41 AC lot

71959 Hwy 111

RESTAURANT

71959 Hwy 111, Rancho Mirage, CA 92270-4848

$670,000

Estimated value

7,116 sqft 1.63 AC lot

36101 Bob Hope Dr

RESTAURANT

36101 Bob Hope Dr, Rancho Mirage, CA 92270-2001

Value Estimation by Request

6,000 sqft 0.46 AC lot

42250 Bob Hope Dr

RESTAURANT

42250 Bob Hope Dr, Rancho Mirage, CA 92270-4432

$620,000

Estimated value

14,257 sqft 0.73 AC lot

71743 Hwy 111

RESTAURANT

71743 Hwy 111, Rancho Mirage, CA 92270-4427

$880,000

Estimated value

9,500 sqft 0.95 AC lot

70026 Hwy 111

RESTAURANT

70026 Hwy 111, Rancho Mirage, CA 92270-2924

Value Estimation by Request

4,031 sqft 0.41 AC lot

71775 Hwy 111

RESTAURANT

71775 Hwy 111, Rancho Mirage, CA 92270-4444

$675,000

Estimated value

10,157 sqft 1.39 AC lot

69380 Hwy 111

RESTAURANT

69380 Hwy 111, Rancho Mirage, CA 92270

Value Estimation by Request

9,490 sqft 1.97 AC lot

42540 Bob Hope Dr

RESTAURANT

42540 Bob Hope Dr, Rancho Mirage, CA 92270-4471

Value Estimation by Request

42560 Bob Hope Dr

RESTAURANT

42560 Bob Hope Dr, Rancho Mirage, CA 92270-4471

Value Estimation by Request

34101 Monterey Ave

RESTAURANT

34101 Monterey Ave, Rancho Mirage, CA 92270-2700

$510,000

Estimated value

3,800 sqft 1.26 AC lot

70030 Hwy 111

RESTAURANT

70030 Hwy 111, Rancho Mirage, CA 92270-2924

$545,000

Estimated value

9,124 sqft 1.36 AC lot

70050 Hwy 111

RESTAURANT

70050 Hwy 111, Rancho Mirage, CA 92270-2924

$790,000

Estimated value

11,538 sqft 1.12 AC lot

69820 Hwy 111

RESTAURANT

69820 Hwy 111, Rancho Mirage, CA 92270-2837

Value Estimation by Request

6,365 sqft 1.10 AC lot

34199 Monterey Ave

RESTAURANT

34199 Monterey Ave, Rancho Mirage, CA 92270-2700

$545,000

Estimated value

4,546 sqft 1.07 AC lot

Rancho Mirage, CA Restaurants Market Trends and Statistics

Explore 36 restaurants for sale in Rancho Mirage, CA on our real estate platform.

Sale prices for restaurant properties in Rancho Mirage, CA average $4,500,000 — 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

Demographics Overview

Population 17K

Population Growth (5Y) -3.9%

Median Household Income $109,943

College Educated 69.6%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
92270	$4.5M

Taxes & Financing

Tax Rate (average for all types) 1.38%

Property Tax per SF $12.83 per SF

Tax Rate vs County Average 0.21 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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