81921 California 111, INDIO, CA 92201
Commercial property for sale
Description
**PLEASE DO NOT DISTURB TENANT** First time on the market! The property consists of a fully operating, approximately 7,030 sq ft restaurant building situated on a 20,038 sq ft parcel at the south east corner of Highway 111 and Las Palmas Avenue. Property has 23 parking spaces. This restaurant has been open since 1967 and is a fixture in the city of Indio. Along with a fully operating restaurant it also offers an owner/user the opportunity to separate the bar from the restaurant and essentially operate a separate business with a separate address (already established), including a night club or bar. Included in the business offering is the most inclusive liquor license available (Type 47) for restaurants. OWNER WILL CARRY FIRST TRUST DEED. The La Pinata Restaurant is well located at a signalized intersection, with ingress and egress off Highway 111 and Las Palmas Avenue. Across Highway 111 are a Bank of America and a RaboBank. Across Las Palmas Avenue is a free standing El Pollo Loco. The combined average daily traffic counts at this intersection are over 50,000 cars per day. This property offers maximum visibility and access in the heart of Indio on the primary business corridor of Highway 111. Building price details: $1,975,000.
Property Details
- Type: Retail
- Status: Available
- Year Built: 1967
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 23