74010 El Paseo - Storefront Retail/Office FOR SALE


Palm Desert, CA 92260- South Palm Desert
$3,900,000 USD
760-333-7878
74010 El Paseo, Palm Desert, CA for Sale
$3,900,000 USD
Storefront Retail/Office - FOR SALE
1/12
null | Request Cap Rate

74010 El Paseo
Palm Desert, CA 92260
South Palm Desert


HIGHLIGHTS

  • Prime fully signalized El Paseo corner location at Portola Avenue with outstanding multiple signage opportunities
  • Rare, abundant 39 space parking lot adjacent to the building's east entrance.
  • One of a kind construction of exposed aggregate poured concrete and steel beams creates an expansive, open interior
  • Iconic, eye-catching mid century modern architecture will bring great awareness to any business in this unique building
  • Downtown district zoning allows retail, office, medical, galleries, fitness, and other creative uses

OVERVIEW

Iconic, eye-catching mid-century modern architecture will bring great awareness to any business in this former national bank branch with drive-thru. One-of-a-kind construction of exposed aggregate concrete and steel truss beams creates an expansive, open interior. Prime fully signalized El Paseo corner location at Portola Avenue with outstanding multiple signage opportunities. Rare, abundant 39-space parking lot adjacent to the building's east entrance. Downtown district zoning allows retail, office, medical, galleries, fitness, and other creative uses. 5,678 SF first floor & 4,949 SF second floor with elevator.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

ICONIC MIDCENTURY MODERN ON EL PASEO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bank, Bar, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

Downtown (D)

APN/PARCEL ID

625-111-023,625-111-024

ASK ABOUT THIS PROPERTY

Brian WardBrian WardMore Info
760-333-7878

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Brian WardBrian WardMore Info
760-333-7878

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