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Carpet One 71685 Highway 111 10,205 SF Retail Building Rancho Mirage, CA 92270 $3,006,938 CAD ($294.65 CAD/SF)
INVESTMENT HIGHLIGHTS
- Glass Frontage with Front and Rear Parking
- Highly Desirable Flexible Use Building
- Highest Traffic Count in the Valley (44,646 Cars Daily)
EXECUTIVE SUMMARY
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
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
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,205 SF
Building Class
C
Year Built
1979
Price
$3,006,938 CAD
Price Per SF
$294.65 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.57 AC
Zoning
PUDC
Parking
10 Spaces (0.98 Spaces per 1,000 SF Leased)
Frontage
77’ on Highway 111
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 684-232-001 | Improvements Assessment | $1,361,168 CAD |
| Land Assessment | $630,784 CAD | Total Assessment | $1,991,952 CAD |
PROPERTY TAXES
Parcel Number
684-232-001
Land Assessment
$630,784 CAD
Improvements Assessment
$1,361,168 CAD
Total Assessment
$1,991,952 CAD
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Carpet One | 71685 Highway 111
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