- For Sale $2,450,000
- Property Type Retail - Restaurant
- Property Size 4,503 SF
- Lot Size 0.52 Acre
- Year Built 1993
- Date Updated May 18, 2026
Description
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Highlights
- Affluent Trade Area – Average household income within 3 miles exceeds $100,000.
- Exceptional Reuse Opportunity – Ideal for restaurant, retail, or service use in one of Southern California’s most desirable resort destinations.
- Former IHOP Restaurant – Freestanding ±4,503 SF building with prominent signage and ample on-site parking.
- High-Traffic Corridor – Strong daily traffic counts exceeding 20,000 vehicles per day.
- Premier Downtown Palm Springs Location – Situated along South Indian Canyon Drive, one of Palm Springs’ main commercial arteries offering excellent visibility and accessibility.
- Supply-Constrained Submarket – Limited available retail inventory and strong tenant demand reinforce long-term market stability.
- Tourism-Driven Market – Palm Springs welcomes millions of visitors annually, supporting consistent retail and restaurant demand.
- Vibrant Retail & Hospitality Node – Surrounded by major national and regional tenants including Starbucks, BevMo!, Sherwin-Williams, Hyatt Palm Springs, and Lulu California Bistro.
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Contacts
Matthew Dobson
Arbor Realty Capital Advisors
Location
Contact Listing Broker
Matthew Dobson
Arbor Realty Capital Advisors