74330 Alessandro Dr - Office/Residential FOR SALE


Palm Desert, CA 92260- Palma Village Groves
$1,299,000 USD
760-409-5958
74330 Alessandro Dr, Palm Desert, CA for Sale
$1,299,000 USD
Office/Residential - FOR SALE
1/9
null | Request Cap Rate

74330 Alessandro Dr
Palm Desert, CA 92260
Palma Village Groves


HIGHLIGHTS

  • Remodel 50% complete
  • Near El Paseo, shopping, dining, and business corridors
  • City-approved for 2 live/work + 2 office units
  • Stand-alone building with excellent visibility

OVERVIEW

Rare opportunity to acquire a stand-alone two-story commercial building in a prime Palm Desert location, just minutes from El Paseo. This 4,000 sq. ft. property is currently 50% complete with a full remodel, offering an ideal opportunity for an investor, developer, or contractor to complete and customize the project to their specifications. City-approved plans are included for two (2) live/work units and two (2) professional office units, providing versatile income potential and a desirable mixed-use configuration. Upon completion per the approved plans, the property is valued at $2M. Some attached photos show the property as it will look upon completion. Take advantage of this value-add opportunity in one of the Coachella Valley’s most sought-after markets. Complete the remodel and reposition the property as income-producing live/work and office units — or tailor it for owner-occupancy. With approved plans, a central location, and flexible zoning, this property is primed for strong future returns.

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

Mixed Use

APN/PARCEL ID

625-091-008

ASK ABOUT THIS PROPERTY

Eddie SaninDesert Gate Real EstateMore Info
760-409-5958

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Eddie SaninDesert Gate Real EstateMore Info
760-409-5958

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