71685 Highway 111 - Freestanding FOR SALE


Rancho Mirage, CA 92270
$2,175,000 USD
760-799-1821
71685 Highway 111, Rancho Mirage, CA for Sale
$2,175,000 USD
Freestanding - FOR SALE
1/20
null | Request Cap Rate

71685 Highway 111
Rancho Mirage, CA 92270


HIGHLIGHTS

  • Glass Frontage with Front and Rear Parking
  • Highest Traffic Count in the Valley (44,646 Cars Daily)
  • Highly Desirable Flexible Use Building

OVERVIEW

Prime Investment or Owner-User Opportunity in Rancho Mirage Offered at $2,175,000 | Approx. 10,205 SF Positioned along Highway 111—Rancho Mirage’s most prestigious and sought-after business corridor—this versatile property presents a rare opportunity for investors or owner-users alike. Located in one of the Valley’s most affluent areas, the property is surrounded by top-tier dining, shopping, entertainment, and hospitality, including the popular destination, The River. Rancho Mirage continues to see rapid growth in both population and commercial development, especially in the retail and medical sectors. The current long-term tenant is on a month-to-month lease and is open to remaining, offering immediate income potential or a clean slate for occupancy. Property Highlights: -Highly desirable, flexible-use building - Ideal for retail, showroom, warehouse, or mixed-use -Premier visibility and access on Highway 111 -New roof, new exterior paint, new paved parking lot, and landscaping -Includes a large warehouse and yard -Equipped with alarm system Additional Details: -Building Size: 10,205 SF -Lot Size: 24,829 SF / 0.57 Acres -APN: 684-232-001 -Year Built: 1979 -Currently configured for single-tenant use

FOR SALE DETAILS

PRICE

$2,175,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carpet One

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

PUDC

APN/PARCEL ID

684-232-001

ASK ABOUT THIS PROPERTY

Irene DiVitoBaxley Properties IncMore Info
760-799-1821

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Irene DiVitoBaxley Properties IncMore Info
760-799-1821

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.