Rare Free Standing Building with Retail Frontage on S Gene Autry Trail

Retail-Commercial for Sale
Catylist Listing ID: 30780195
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related, Other
Building Size (RSF): 8,000 SF
Gross Land Area: 33,541 SF
Sale Price: $3,500,000
Unit Price: $437.50 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 12/25/2021

Overview / Comments

Great opportunity for an Owner / User, for a 1031 exchange or for an investment property as Palm Springs residential areas grow fast! Free standing buildings on FEE land are few and far between. This property is zoned M1 with lots of possibilities for potential uses. Check the City of Palm Springs zoning regulations and Ordinances. Buyer's agent and Buyer to do their own due diligence regarding allowable uses. Buyer's agent and Buyer to verify all information provided. Listing Agent is an owner.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 680570011
Zoning: M-1
Retail Clientele: General
Property Located Between: Dinah Shore and Palm Canyon on South Gene Autry Trail in Palm Springs California.
Property Visibility: Excellent
Largest Nearby Street: Gene Autry Trail is Hwy 111
Highway Access: One of the few frontage buildings on Gene Autry Trail in South Palm Springs with Retail access.
Airports: Palm Springs International Airport is 5 minutes away.
Site Description: Ideal Owner/User building. Free standing building with parking on three sides. Across the street from the soon to open Palm Springs Surf Club. Empty and available now. Easy to show. For potential uses - see the City of Palm Springs Zoning Ordinances.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1990
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Total Parking Spaces: 29
Parking Type: Surface
Parking Description: 29 total: Includes 4 Handicap spaces and 2 spaces with electric vehicle chargers.
Sprinklers: Wet
Air Conditioning: Package Unit
Zoning Description: M-1
Lot Frontage: Gene Autry Trail / Highway 111
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Land Ownership: FEE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,004 79,123 105,320
Median Age: 47.52 42.73 44.97
Households: 2,689 32,289 44,747

Contact

Photograph of Listing Agent

Ann Taskett

Taskett Real Estate
DACIE Member

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