34870 Date Palm Dr - Freestanding FOR SALE


Cathedral City, CA 92234
$898,000 USD
951-848-6010
34870 Date Palm Dr, Cathedral City, CA for Sale
$898,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

34870 Date Palm Dr
Cathedral City, CA 92234


HIGHLIGHTS

  • Heavy daytime traffic that will notice your retail front business
  • Located on city main street close to the casino
  • 2 parcel lots connected

OVERVIEW

Fantastic investment opportunity that offers excellent convenience for an owner/user, strategically located in the heart of the Coachella Valley. This is a 0.59 Acre lot with a 3,650 sqft building that has frontage to Date Palm Dr. The Zoning Classification was recently upgraded to Planned Community Commercial (PCC) and due to the extensive secured yard (gated and with block walls) the property fulfills the layout needed by an Auto Repair Business, a Sales/Distribution Business, or a Contractor Service such as Construction, Gardening, HVAC, Electrical, Solar, Prest Control, Pool or Roofing companies. The building is well maintained and offers ample space for administrative offices with easy access to major transportation routes and great exposure due to the high traffic count. Also, there are two indoor service bays for fleet maintenance, which could be repurposed for indoor storage or loading area. This versatile combination allows the owner/user to have an open retail area (for customer service or showroom purposes) while having private offices, storage or shop areas, customer and fleet parking, or just subleasing some of these areas for rental income. A retention basin is incorporated into the secured yard area. SECURE THIS KEY LOCATION INSTEAD OF PAYING RENT TO SOMEONE ELSE!

FOR SALE DETAILS

PRICE

$898,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Date Palm Drive, Cathedral City

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Service, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

CC

APN/PARCEL ID

673-172-010,673-172-022

ASK ABOUT THIS PROPERTY

Felizardo GaxiolaFirst Choice Business Brokers RiversideMore Info
951-848-6010

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Felizardo GaxiolaFirst Choice Business Brokers RiversideMore Info
951-848-6010

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.