$ 1,399,000
-
$1,399,000
Price -
0
Bed -
0
Bath -
5,328
SqFt
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About the Listing SB1301220 - SSHEPAMI
Welcome to 11940 Palm Dr — a 5,328 SF building perched on the premiere corner of Palm & Pierson, the most visible intersection in Downtown Desert Hot Springs This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You’re in the right place — and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival. With 19 parking spaces, killer street presence, and a pro forma cap rate of 6.4%, this is a straight-up investor magnet in one of SoCal’s fastest-growing retail and cannabis zones. Fully approved for ALL cannabis uses — retail, cultivation, distribution — with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley highlighting an emphasis on canna-tourism. Offered at a competitive price, this corner lot opportunity is what investor’s dreams are made of.
Listing Highlights
Status
Active
Days on Site
163
Property Type
Commercial Sale
MLS ®
SB25151504
Year Built
1985
Total Square Footage
5,328
Lot/Acreage
N/A
County
Riverside
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 19
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $12,476
- Taxes w/Assessments: N/A
- Tax/Property ID: 639293029
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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% Down Payment
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Questions About..
11940 Palm Dr Desert Hot Springs, CA 92240
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