72245 El Paseo - Office FOR SALE


Palm Desert, CA 92260- Coachella Valley
$1,500,000 USD
503-419-7950
72245 El Paseo, Palm Desert, CA for Sale
$1,500,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate

NEW


72245 El Paseo
Palm Desert, CA 92260
Coachella Valley


HIGHLIGHTS

  • Extremely Visible Location
  • Plenty of Foot Traffic
  • Lots of natural light and mountain views

OVERVIEW

A rare opportunity to own a piece of Palm Desert’s architectural history, 72245 El Paseo is an original William Krisel-designed Mid-Century Modern property, built in 1970 & positioned along one of the desert’s most iconic addresses. Defined by its signature post-and-beam construction, clean architectural lines, floor to ceiling windows and connection between indoor and outdoor space, the property embodies the timeless design principles that helped define the Coachella Valley’s celebrated Mid-Century Modern aesthetic. Fully renovated with a discerning eye, the property pairs its original architectural character with thoughtful contemporary upgrades and refined material selections. Originally built to be the Sales Office for the Sandpiper Community, the property has most recently served as the longtime home of Lux Box Agency, designed by Lolo Interiors—connecting its architectural legacy to a family business rooted in real estate and design. The comprehensive renovation includes a new urethane foam roof, all-new double-pane windows, Western Architectural Openings slider and pivot doors, and three HVAC systems, including two mini-splits and a heat pump. The renovated kitchen features custom white oak cabinetry, marble countertops, and a stainless steel Fisher & Paykel refrigerator, while bespoke patinated brass and alabaster lighting brings warmth and character throughout. The fully upgraded bathroom pairs a custom slab marble sink with handmade Zellige tile, balancing the clean geometry of the original architecture with tactile, timeless finishes. Today, the property is offered to its next steward. Its architectural provenance, established El Paseo presence, and turnkey condition create a rare opportunity to own a historically significant property that is ready for its next expression.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

PR060

APN/PARCEL ID

640-150-054

ASK ABOUT THIS PROPERTY

Nathaniel MoultonLux Box AgencyMore Info
503-419-7950

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Nathaniel MoultonLux Box AgencyMore Info
503-419-7950

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