Catylist ID: #30331453
Mid Century on Palm Canyon Drive.
Retail-Commercial for Sale
|Catylist Listing ID:||30331453|
|Property Subtypes:||Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub|
|Building Size (RSF):||3,732 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.25 Acres|
|Unit Price:||$352.89 PSF|
|Property Use Type:||Vacant/Owner-User, Business|
|Usable Size (USF):||3,732 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
Offering one of the few available properties on North Palm Canyon Drive in the eclectic retail/restaurant district. 5 units which can be utilized as retail, apartments, offices or a restaurant. Lot is large enough for parking or building another small building. Property will be vacated at time of sale.
Strategically located in the center of the North Palm Canyon Business District an eclectic combination of mid century retailers, clothing stores and wonderful restaurants. Palm Canyon Drive is Palm Springs' main street and
attracts both tourists and local residents.
The adjacent property, a mix of street retail and residential units on a smaller lot, recently sold for $1.2 million. The subject lot is slightly larger, and more flexible for parking uses. Based on the location of the adjacent comp, the asking price of $1,317,000 appears is appropriate for this market.
|Nearest MSA:||Riverside-San Bernardino-Ontario|
|Taxing Authority:||Riverside County|
|Tax ID/APN:||505-261-008 & 009|
|Retail Clientele:||General, Family, Business, Tourist|
|Property Located Between:||Via Lola & Hermosa Place|
|Largest Nearby Street:||Fronts on Palm Canyon Dr.|
|Feet of Frontage:||90|
|Airports:||Palm Springs International|
|Area Description:||North Palm Canyon Drive location within the exciting "North Palm Canyon Marketplace" featuring a wonderful mix of retail, restaurant , and services.|
|Total Number of Buildings:||2|
|Number of Stories:||2|
|Total Parking Spaces:||13|
|Proximity:||1 mile||3 miles||5 miles|
John StilesStiles & Associates
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