Log In/Sign Up
Your email has been sent.
Castle City 82530 Hwy 111 20,259 SF 100% Leased Retail Building Indio, CA 92201 $3,050,000 ($150.55/SF)
Investment Highlights
- Highly Visible Location on Highway 111
- Generous Parking
- Former Restaurant and Nightclub
- Near major employment centers like Larson Justice Center, Benoit Detention Center, County Public Services, College of the Desert, and City Hall.
Executive Summary
This distinctive commercial building presents an exceptional opportunity for a wide range of uses, including a restaurant, entertainment venue, or large-format retail. Permitted uses include restaurants, nightclubs, grocery and retail tenants up to 25,000 square feet, office services, residential care facilities, and places of worship.
The property is well-equipped with existing infrastructure to support a commercial kitchen, private restrooms, and elevator access servicing both floors—offering functionality and convenience for a variety of operations.
Architecturally unique, the building stands out as a recognizable landmark along Highway 111, providing strong visibility and a memorable presence that sets it apart from surrounding properties.
The property is well-equipped with existing infrastructure to support a commercial kitchen, private restrooms, and elevator access servicing both floors—offering functionality and convenience for a variety of operations.
Architecturally unique, the building stands out as a recognizable landmark along Highway 111, providing strong visibility and a memorable presence that sets it apart from surrounding properties.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,259 SF
Building Class
B
Year Built
1996
Price
$3,050,000
Price Per SF
$150.55
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
1.66 AC
Opportunity Zone
Yes
Zoning
MU-C - Mixed-Use Corridor (MU-C) Zone, part of the Highway 111 Specific Plan. Permitted uses are Restaurant, Nightclub, Retail, Office & Places of Worship.
Parking
190 Spaces (9.38 Spaces per 1,000 SF Leased)
Frontage
147’ on Highway 111
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $541,213 | |
| Land Assessment | $920,064 | Total Assessment | $1,461,277 |
Property Taxes
Parcel Numbers
Land Assessment
$920,064
Improvements Assessment
$541,213
Total Assessment
$1,461,277
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Castle City | 82530 Hwy 111
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.