383 N Indian Canyon Dr - Freestanding FOR SALE


Palm Springs, CA 92262- Downtown Palm Springs
$4,395,000 USD
760-902-6440
383 N Indian Canyon Dr, Palm Springs, CA for Sale
$4,395,000 USD
Freestanding - FOR SALE
1/40
null | Request Cap Rate

Dec '26


383 N Indian Canyon Dr
Palm Springs, CA 92262
Downtown Palm Springs


HIGHLIGHTS

  • Irreplaceable large-format commercial asset in the Downtown Palm Springs core
  • ±9,300 SF large-format commercial building on a 0.43 acre parcel
  • Flexible layout configured as ±7,500 SF and ±1,800 SF suites for single or multi-tenant use
  • Rare on-site parking with approximately 28 spaces including covered and ADA
  • Architecturally distinctive building with exposed wood trusses, open-span interiors, and exceptional ceiling height
  • High-visibility frontage along Indian Canyon Drive within the most active retail and hospitality corridor

OVERVIEW

383 N Indian Canyon Drive presents a rare opportunity to acquire one of Downtown Palm Springs’ most distinctive commercial properties. Ideally positioned within the highly sought-after Uptown and Downtown retail corridor, the property offers a compelling blend of architectural character, scale, natural light, and operational functionality in one of Southern California’s most design-forward destination markets. Situated on approximately 0.43 acres, the property includes approximately 9,300 square feet configured as two distinct yet seamlessly connectable spaces: one of approximately 7,500 square feet and another of approximately 1,800 square feet, all within the heart of the Uptown and Downtown retail corridor. This flexible layout allows for either a single flagship user or a multi-tenant configuration, supporting a wide range of retail, gallery, showroom, or experiential concepts. A rare and highly valuable feature within the downtown core, the property benefits from a substantial on-site parking lot, including covered and illuminated spaces, in addition to readily available street parking along Indian Canyon Drive. The parking area is gated, professionally landscaped, and enhanced with exterior lighting, providing both functionality and a strong arrival experience. The building’s architectural identity is defined by dramatic exposed wood trusses, expansive open-span interiors, and exceptional ceiling heights. Skylights and thoughtfully placed openings allow natural light to move throughout the space, creating a bright, airy environment with a scale that is increasingly difficult to replicate in the Palm Springs market. The property is well maintained and professionally managed, with significant recent capital improvements including a brand new roof with warranty and new HVAC systems, also under warranty. The building is fully ADA accessible and includes three restrooms, supporting a wide range of commercial uses and tenant configurations. Positioned along one of Palm Springs’ most visible and active corridors, the property benefits from strong frontage and consistent traffic, while being moments from major recent developments including the Thompson Palm Springs Hotel and Residences, as well as a growing ecosystem of boutique hotels, restaurants, and design-driven retail. Palm Springs continues to attract a new generation of hospitality, retail, and lifestyle brands, and opportunities to acquire properties of this scale, character, and infrastructure within the downtown core remain extremely limited. With its distinctive architecture, flexible layout, meaningful recent upgrades, rare parking, and irreplaceable location, 383 N Indian Canyon Drive represents a high-quality commercial asset suited for both owner-users and investors seeking long-term positioning in one of Southern California’s most desirable markets. Prime Uptown and Downtown Palm Springs location Approximately 9,200 square foot building Configured as ±7,500 SF and ±1,800 SF suites 0.43 acre parcel Rare on-site parking with covered and illuminated spaces Gated parking lot Additional street parking along Indian Canyon Drive Dramatic exposed wood truss architecture Expansive open-span interiors Exceptional interior volume and ceiling height Skylights and abundant natural light Flexible for single or multi-tenant use Three restrooms ADA accessible with ADA-compliant restrooms Brand new roof with warranty New HVAC systems with warranty Professionally managed and maintained Professionally landscaped with exterior lighting Security system in place Strong visibility and frontage along Indian Canyon Drive Proximity to Thompson Palm Springs and surrounding retail/hospitality 28 total parking spots on property + additional designated street parking. 1 ADA parking spot, 7 covered parking spots.

FOR SALE DETAILS

PRICE

$4,395,000 USD

PRICE/SF

$478 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,125 SF

ZONING

C2

APN/PARCEL ID

513-081-008

ASK ABOUT THIS PROPERTY

Clayton BaldwinKinetic PropertiesMore Info
760-902-6440

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Clayton BaldwinKinetic PropertiesMore Info
760-902-6440

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