42650 Melanie Pl - Loft/Creative Space FOR SALE


Palm Desert, CA 92211
$3,500,000 USD
760-774-6533
42650 Melanie Pl, Palm Desert, CA for Sale
$3,500,000 USD
Loft/Creative Space - FOR SALE
1/8
null | Request Cap Rate

42650 Melanie Pl
Palm Desert, CA 92211


HIGHLIGHTS

  • Lowest price per foot in this popular centrally located business park!
  • Highly stylized and quality constructed, 31,428 SF, two-story, reinforced concrete block building on 1.51 acres.
  • Excellent central Coachella Valley location in the premier Cook Street Business Park with convenient access to both interstate 10 and Highway 111.
  • Completely walled in with security gates and 95 parking spaces, most of which are covered parking.
  • Majority of the building is built out as office space, with the balance as warehouse space formally used as recording studios for KESQ TV.
  • Property is being sold vacant, ready for an owner user, or savvy investor seeking upside.

OVERVIEW

Motivated seller has priced this property for a quick sale at $111 per square foot, the lowest price per foot in this popular centrally located business park! Highly stylized and quality constructed, 31,428 SF, twostory, reinforced concrete block building on 1.51 acres. Excellent central Coachella Valley location in the premier Cook Street Business Park with convenient access to both interstate 10 and Highway 111. Completely walled in with security gates and 95 parking spaces, most of which are covered parking. Majority of the building is built out as office space, with the balance as warehouse space formally used as recording studios for KESQ TV. Property is being sold vacant, ready for an owner user, or savvy investor seeking upside.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

M-SC

APN/PARCEL ID

634-260-012

ASK ABOUT THIS PROPERTY

Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

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Michael LyleColdwell Banker Commercial Lyle & AssociatesMore Info
760-774-6533

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