74271 Highway 111 - Freestanding FOR SALE


Palm Desert, CA 92260- Coachella Valley
$1,250,000 USD
760-318-7484
74271 Highway 111, Palm Desert, CA for Sale
$1,250,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

NEW


74271 Highway 111
Palm Desert, CA 92260
Coachella Valley


HIGHLIGHTS

  • The building fronting Highway 111 offers excellent tenant identification and prominent visibility. Long term hold or re-development opportunity.

OVERVIEW

Unique Property: The current configuration features retail frontage along Highway 111, with separate private studios located in the south portion of the parcel. Zoning is in the Downtown District / C1 = Neighborhood Commercial, allowing retail, personal services, and office uses. Making it an attractive opportunity for investors seeking a versatile commercial asset, owner-users, and developers who recognize the property's long-term potential for a re-development opportunity up to three stories.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C-1SP

APN/PARCEL ID

625-122-003

ASK ABOUT THIS PROPERTY

Doug MontgomerySpinello Commercial Real Estate, Inc.More Info
760-318-7484

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Doug MontgomerySpinello Commercial Real Estate, Inc.More Info
760-318-7484

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