74104 Hwy 111 - 6,000 SF Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30434627
Property Subtypes: Street Retail
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Sale Price: $1,650,000
Unit Price: $275 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/19/2019

Overview / Comments

6000 square foot retail building constructed in 1945. This property is demised into two 3000 square foot retail storefronts. Unit B has a 1200 square foot bonus mezzanine not included in the total square footage. This property was one of the first buildings ever constructed in what was then Palm Village. This property also has a secured yard with dock high loading which is very rare along highway 111. This is a very rare opportunity to own a piece of Palm Desert history

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 625-084-014
Zoning: C-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Portola & Cabrillo
Property Visibility: Excellent
Largest Nearby Street: Portola & Hwy 111
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,000 SF
Year Built: 1945
Parking Description: Street parking only
Zoning Description: Commercial-retail

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,268 42,489 99,134
Median Age: 43.25 51.81 51.99
Households: 6,546 20,457 46,725

Contact

Photograph of Listing Agent

Dick S. Baxley

Baxley Properties DACIE Member

Sponsoring Organization

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