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5653 The Plaza 5653 Plaza Rd 1,875 SF Retail Building Twentynine Palms, CA 92277 $400,000 ($213.33/SF) 3.50% Cap Rate



Investment Highlights
- Park included with building
Executive Summary
Great Investment Opportunity – Take Action Today!
Seize the chance to own a piece of history with this charming building, originally the U.S. Post Office for 29 Palms, built in 1948 and thoughtfully rehabbed in 1972. Situated on a prime corner lot with direct access to the 29 Palms Marine Base – the largest military base in the U.S. – this location offers incredible visibility and foot traffic.
Currently vacant and ready for your business to move in immediately, the property features a spacious layout with two bathrooms, a dedicated office area, and ample parking in the Plaza area right out front.
Just to the north, you'll find a well-maintained park and a vibrant mural, maintained by the City of 29 Palms, adding to the unique charm of the location. The surrounding area is a bustling mix of established businesses, including a beauty salon, a bar with delicious Greek food and great drinks, a taco shop, a vintage clothing store, Mojave Moon Apothecary, a tattoo shop, and a local market.
Don’t miss out on this incredible opportunity in a growing and dynamic area – a perfect spot for your next venture!
Seize the chance to own a piece of history with this charming building, originally the U.S. Post Office for 29 Palms, built in 1948 and thoughtfully rehabbed in 1972. Situated on a prime corner lot with direct access to the 29 Palms Marine Base – the largest military base in the U.S. – this location offers incredible visibility and foot traffic.
Currently vacant and ready for your business to move in immediately, the property features a spacious layout with two bathrooms, a dedicated office area, and ample parking in the Plaza area right out front.
Just to the north, you'll find a well-maintained park and a vibrant mural, maintained by the City of 29 Palms, adding to the unique charm of the location. The surrounding area is a bustling mix of established businesses, including a beauty salon, a bar with delicious Greek food and great drinks, a taco shop, a vintage clothing store, Mojave Moon Apothecary, a tattoo shop, and a local market.
Don’t miss out on this incredible opportunity in a growing and dynamic area – a perfect spot for your next venture!
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
1,875 SF
Building Class
C
Year Built
1948
Price
$400,000
Price Per SF
$213.33
Cap Rate
3.50%
NOI
$14,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.18 AC
Zoning
CG - General Commercial
Frontage
25’ on Adobe Rd.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0621-132-05 | Improvements Assessment | $38,273 |
| Land Assessment | $15,719 | Total Assessment | $53,992 |
Property Taxes
Parcel Number
0621-132-05
Land Assessment
$15,719
Improvements Assessment
$38,273
Total Assessment
$53,992
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5653 The Plaza | 5653 Plaza Rd
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