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Restaurant 78085 Avenida La Fonda 8,000 SF Retail Building La Quinta, CA 92253 $4,900,000 ($612.50/SF)
Executive Summary
» Iconic ±8,000 SF Freestanding Restaurant located in the heart of La Quinta Cove, one of the Coachella Valley’s most desirable dining and lifestyle districts
» Turnkey, High-End Build-Out featuring a state-of-the-art commercial kitchen, separate pizza/rotisserie station, temperature-controlled wine room, and extensive bar infrastructure
» Signature Indoor/Outdoor Dining Experience with expansive covered patio, stadium-style retractable roof elements, and strong indoor-outdoor flow ideal for year-round operations
» Prime Walkable Location within the La Quinta Cove village core, surrounded by boutiques, galleries, residential rooftops, and civic amenities
» Ample Parking & Easy Access with multiple curb cuts and convenient surface parking supporting high-volume dining and event traffic
» Excellent Area Demographics with strong household incomes, high owner-occupancy rates, and a dense concentration of affluent full-time and seasonal residents
» Limited Restaurant Supply / 100% Occupancy Submarket with virtually no competing vacancy in comparable restaurant properties nearby
» Turnkey, High-End Build-Out featuring a state-of-the-art commercial kitchen, separate pizza/rotisserie station, temperature-controlled wine room, and extensive bar infrastructure
» Signature Indoor/Outdoor Dining Experience with expansive covered patio, stadium-style retractable roof elements, and strong indoor-outdoor flow ideal for year-round operations
» Prime Walkable Location within the La Quinta Cove village core, surrounded by boutiques, galleries, residential rooftops, and civic amenities
» Ample Parking & Easy Access with multiple curb cuts and convenient surface parking supporting high-volume dining and event traffic
» Excellent Area Demographics with strong household incomes, high owner-occupancy rates, and a dense concentration of affluent full-time and seasonal residents
» Limited Restaurant Supply / 100% Occupancy Submarket with virtually no competing vacancy in comparable restaurant properties nearby
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,000 SF
Building Class
C
Year Built
2000
Price
$4,900,000
Price Per SF
$612.50
Tenancy
Single
Building Height
2 Stories
Building FAR
0.39
Lot Size
0.47 AC
Zoning
VC - Mixed use commercial, currently a high end restaurant & office building, zoning allows for hotel possibly 80 rooms plus, or residential condominium.
Parking
15 Spaces (1.87 Spaces per 1,000 SF Leased)
Frontage
62’ on Avenida La Fonda
Amenities
- Atrium
- Restaurant
- Skylights
- Air Conditioning
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,283,625 | |
| Land Assessment | $270,399 | Total Assessment | $1,554,024 |
Property Taxes
Parcel Numbers
Land Assessment
$270,399
Improvements Assessment
$1,283,625
Total Assessment
$1,554,024
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Restaurant | 78085 Avenida La Fonda
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