Palm Desert Multi-Tenant Building for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30626334
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 19,101 SF
Gross Building Area: See Agent
Sale Price: $2,600,000
Unit Price: $136.12 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/19/2020

Overview / Comments

Palm Desert Multi-Tenant Building for Sale - 19,101 SF Commercial Building.

Property is located on a signalized corner at the center of the busiest commercial thoroughfare in the Coachella Valley. The building is well positioned to capitalize on the flourishing population’s growing business needs, not only in Palm Desert, but Valley Wide. The functional elegance of the efficient layout provides a professional ambience. Positioned against magestic mountains, this property cannot be duplicated, today. The outstanding demographics, prime location and prominent monument signage make this a highly-desirable and unique asset for an investor or user.

• Free Standing 19,101 SF 2 Story with 2 ADA Elevators
(18,311 SF Rentable)
(1st Floor 11,871 SF) (2nd Floor 6,440 SF)
• Zoning: PC (2) Planned Commercial
(Commercial, Retail, Professional Office)
• APN: 640-020-024
• Traffic: 65,000 cars per day (busiest traffic count in Valley)
• Ingress/Egress: Painter’s Path
• Total Land Size: 51,401 (1.18 Ac)
• Parking: 64 Spaces / 14 Covered
• Parking Surface: Asphalt

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 640-020-024
Year Built: 1988
Total Parking Spaces: 64

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,713 39,308 78,182
Median Age: 53.98 52.64 54.5
Households: 867 19,146 38,715


Photograph of Listing Agent

Matthew Longstreth

Baxley Properties
DACIE Member
Photograph of Listing Agent

Irene DiVito

Baxley Properties Not a member of DACIE

Sponsoring Organization

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