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    Whitewater, CA
    Restaurants

    Whitewater, CA Restaurants for Sale

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    Palm Springs, CA Desert Hot Springs, CA Cabazon, CA Morongo Valley, CA Cathedral City, CA Banning, CA Big Bear Lake, CA Big Bear City, CA
    Resort-Style Hospitality Property
    Updated: Jul 15, 2024
    Resort-Style Hospitality Property

    55860 Haugen Lehman Way, Whitewater, CA 92282

    $8,450,000
    64,570 sqft 7.23 AC lot
    6 commercial buildings on 7.23 acres across 2 APNs, located minutes from FWY 10 near Cabazon, Morongo, and Palm Springs.
    Building heights of 25'-30' with Mountain View's.
    Aquatics center building with enormous pool: 7,200 sq.ft.
    Dining hall/restaurant/kitchen building with fully equipped kitchen: 10,300 sq.ft.
    Former half‑way house: 160 rooms for occupancy of 320 people (included in the campus buildings).
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    This listing looks promising.

    Here's a quick look at some key insights for

    55860 Haugen Lehman Way, Whitewater, CA 92282

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $396K
      Annual

    • Mortgage

      $3M
      Feb 2021

    • Last Sold

      Oct 2023
      $1.5M

    • Property Type

      Commercial (General)
      Built 1993
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Whitewater, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    East Palm Canyon Redevelopment Opportunity
    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 redevelopment opportunity in the East Palm Canyon Corridor.

    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
    Turnkey Sports Bar with Liquor License
    Turnkey Sports Bar with Liquor License

    66240 Pierson Blvd, Desert Hot Springs, CA 92240

    Contact for pricing
    2,000 sqft

    Turnkey sports bar offering light fare and multiple big screens, plus a 48 liquor license for alcohol sales.

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    Turnkey Bar and Restaurant Business
    Turnkey Bar and Restaurant Business

    12347 Palm Drive, Desert Hot Springs, CA 92240

    $699,000

    Turnkey property includes the building and operating bar business on a high-traffic corridor with easy access and visibility.

    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.

    Commercial Land in C2 Zone
    Commercial Land in C2 Zone

    66079 Pierson, Desert Hot Springs, CA 92240

    $129,000
    0.60 AC lot

    Vacant land totaling 0.6 acres in a C2 zoning district in Desert Hot Springs, CA.

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    Commercial Land Parcel with Highway Access
    Commercial Land Parcel with Highway Access

    50024 Twentynine Palms Highway, Morongo Valley, CA 92256

    $79,900
    1.28 AC lot

    1.28-acre commercial-zoned parcel with highway visibility along Twentynine Palms Highway in Morongo Valley.

    View details
    Mixed-Use Urban Land Parcel
    Mixed-Use Urban Land Parcel

    16 Mihalyo Road, Cathedral City, CA 92240

    $1,288,000
    5.00 AC lot

    Five-acre flat, rectangular commercial land parcel zoned MU-U with mountain and desert views.

    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

    Whitewater, CA Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Whitewater, CA on our real estate platform. These investment opportunities span a total of 64,570 square feet of properties for sale, with an estimated market value of $8,450,000.

    Sale prices for restaurant properties in Whitewater, CA average $8,450,000 — 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 1

    Demographics Overview

    Population 1,494
    Population Growth (5Y) +8.8%
    Median Household Income $69,271
    College Educated 28.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    White Water - 92282 $8.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $51.74 per SF
    Tax Rate vs County Average 0.15 pp below 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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