73965 Highway 111 - Storefront Retail/Office FOR SALE


Palm Desert, CA 92260- South Palm Desert
$1,375,000 USD
760-799-1384
73965 Highway 111, Palm Desert, CA for Sale
$1,375,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | Request Cap Rate

73965 Highway 111
Palm Desert, CA 92260
South Palm Desert


HIGHLIGHTS

  • Ideal for an owner/user seeking a commercial building on Highway 111
  • Highway 111 is the main corridor for the Coachella Valley
  • The back street is El Paseo Drive
  • The building is next to Portola Avenue, one of two roadways to affluent South Palm Desert
  • Existing tenants are month to month and all or part can be removed as part of the sale

OVERVIEW

Ideal opportunity for an owner/user. Existing tenants are month to month and all can be removed to accommodate a single-tenant. This is a commercial building with frontage to Highway 111 with access from either the frontage road on the north or through the common area parking lot located at the south that is maintained by the City of Palm Desert. The back parking area has been renovated featuring covered parking, lights, EV charging stations, new pavement, and the re-striping of the parking spaces. Located at the SWC of Highway 111 and Portola Avenue, one of the busier intersections in the Coachella Valley. The target audience are owner/users seeking their own building on Highway 111 in Palm Desert.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

D-O. Downtown CoreOverlay

APN/PARCEL ID

627-222-014

ASK ABOUT THIS PROPERTY

Noel RamosWilson Meade Commercial Real EstateMore Info
760-799-1384

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

Noel RamosWilson Meade Commercial Real EstateMore Info
760-799-1384

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