MidCentury Modern Buildings

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30536672
Property Subtypes: Free-Standing Building, Mixed Use, Other
Status: Pending
Building Size (RSF): 3,732 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $1,350,000
Unit Price: $361.74 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/24/2020

Overview / Comments

A rare find. .... original mid century modern designed commercial buildings built around a garden courtyard and strategically located at a prime Uptown Design District site. This character property captures the imagination of a genuine mid-century Palm Springs experience and the city's original culture of leisure. There are endless possibilities, here, for the creative investor. ....retail, restaurants, showrooms, vacation rentals, live-work concept, and more, maybe even additional building area. This historic property has great identity, easy access, visibility and parking. Approximate building area is 3732 SF in three separate buildings with a large usable courtyard space. Pricing is based on limited availability of buildings in the North Palm Canyon Market Area and pricing of nearby buildings.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Taxing Authority: County of Riverside
Tax ID/APN: 505-261-008 & 009
Zoning: C-1/R-2
Retail Clientele: General, Family, Business, Tourist, Convention
Property Located Between: Tachevah & Tamarisk
Property Visibility: Excellent
Largest Nearby Street: Fronts on Palm Canyon Drive, Palm Springs' main street
Airports: Easy drive to Palm Springs International Airport
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Average
Year Built: 1950
Roof Type: Flat
Construction/Siding: Wood Frame
Total Parking Spaces: 18
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines
Land Ownership: Fee

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,448 41,868 81,699
Median Age: 52.21 47.71 42.78
Households: 3,531 20,179 33,902


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