Central Palm Desert Commercial

Retail-Commercial for Sale
Catylist Listing ID: 30189073
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Parking Facility, Retail-Pad, Street Retail, Other
Building Size (RSF): 3,110 SF
Sale Price: $649,900
Unit Price: $208.97 PSF
Ceiling: 8 ft.
Property Use Type: Investment
Usable Size (USF): 3,110 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 65
Last Updated: 9/12/2018

Overview / Comments

Awesome Central Palm Desert Location on Highway 111, this Building can be for that Owner Occupant or Investment Opportunity. Front and rear parking available. Courtyard is between both buildings with a Water Fountain and Benches. Two Buildings of approximately 1555 Sq Ft each (buyer to verify). There are 4 total units at this time. Scissors (Barber Shop) and A Force Massage are current occupants. Two smaller units are currently vacant. Priced to Sell.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 627-092-031
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: San Pablo and Monterey Ave
Property Visibility: Excellent
Largest Nearby Street: Highway 111
Feet of Frontage: 60
Airports: Palm Springs
Site Description: Central Palm Desert
Area Description: Surrounded by Retail Shops, Offices and Restaurants
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 3,110 SF
Property Condition: Fair
Year Built: 1960
Roof Type: Flat
Construction/Siding: Stucco
Exterior Description: Stucco with Spanish Roof Tile
Total Parking Spaces: 6
Parking Type: Surface
Parking Description: Majority of Parking is in the Rear.
Sprinklers: None
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Commercial- Approximately 8400 Sq Ft
Lot Frontage: 60
Lot Depth: 140
Water Service: Municipal
Sewer Type: Other
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Land Ownership: Fee

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