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69640 Highway 111

9,032 SF Retail Building Rancho Mirage, CA 92270 £1,467,094 (£162/SF)

Executive Summary

Prominent Highway 111 frontage. 1.36 Acre Parcel. Great signage - building & monument. Perfect for owner/user. Currently fully-fixturized for restaurant use. Ample parking.
Can be combined with 69-620 Highway 111, for a total land area of 2.33 acres and buildings totaling 15,154 SF.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
9,032 SF
Building Class
C
Year Built
1981
Price
£1,467,094
Price Per SF
£162
Tenancy
Single
Number of Floors
2
Building FAR
0.12
Lot Size
1.66 AC
Zoning
C-11 - Existing building with 60 spaces of parking and signage.
Parking
60 Spaces (6.64 Spaces per 1,000 SF Leased)
Frontage
173 ft on Highway 111

Amenities

  • Signage

Nearby Major Retailers

Kobe Ichiban
Denny's
U.S. Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
674-490-042
Land Assessment
£754,204
Improvements Assessment
£470,878
Total Assessment
£1,225,082
  • Listing ID: 34134601

  • Date on Market: 09/12/2024

  • Last Updated:

  • Address: 69640 Highway 111, Rancho Mirage, CA 92270

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