Palm Springs

Palm Springs, CA 92262
$2,500,000
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Location location location! Architecturally significant prime downtown office complex consisting of eight (8) individual commercial condominiums. This offering is to sell all eight parcels together: APN 513-094-001 through 513-094-008 at once but they can be sold individually at any time. Directly across the street from the Aqua Caliente downtown Palm Springs Casino , new Cultural Center and new Casino Hotel & World class Spa in planning expected to open in 2024. Fully leased office condos with private restrooms, off street parking and exceptional growth potential and rental income increase options. Please do not disturb tenants shown by appointment only. New exterior paint and many recently renovated office condominium suites. Profitable options to sell separately to existing tenants , investors or new owner users of small businesses. See attached documents for more information For showings contact: Scott Timberlake 760-333-7578
Palm Springs, CA 92262
$5,500,000
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Sale Price: The building is offered at $5,500,000 and the business is offered at $1,600,000. The Village is a legendary and iconic establishment. The Village opened in 1996 to be a fun, exciting establishment with an international spin, offering great food, riveting entertainment, and dancing till 2 am, 7 nights a week. This filled a niche that was missing at the time in Palm Springs - for a place where one could eat, drink and dance till 2 am 7 days a week. Today, The Village continues to be the leading edge, thanks to its progressive management and its ability to adapt and evolve. Serving restaurant, bar, and nightclub patronage, events, private parties, bridal parties, and city events.This property is also available for sale with with business in place leased at $28,000 a month or $336,000.00 annually @ a 6.109 Cap Rate.
Palm Springs, CA 92262
$6,950,000
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Prime Investment Property 25 Suites May be used as an apartment complex. Between Las Palmas & Little Tuscany Palm Springs CA Tremendous Opportunity. Tucked in a quiet street This residential income property offers location location location. Amenities include Pool Spa Zen Garden Fruit Trees 25 patios. Apartment style suites may be booked daily weekly monthly. Zoning allows for Multiple-Family Dwellings. Gorgeous mountain view owning a property such as this allows for endless possibilities. The subject property sits on 1.23 acres with ample parking and an on-site laundry / office facility. Tremendous upside in value adds opportunity, a buyer could expand the portfolio's cap rate well above 5.5% per unit. Built as residential apartments in 1956 this mid-century apartment complex has 25 all suites with kitchens. All 25 suites have separate electric meters. One suite is ADA-compliant. Eleven suites are comprised of one bedroom, and one bath. Six suites are two bedrooms, one bath, Eight suites or two bedrooms one and a half bath. One suite is currently used as an office.
Palm Springs, CA 92262
$2,200,000
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This rare and exceptional 2,825 square foot automotive or industrial building on 7,840 s.f. of land comes with a mezzanine with very comfortable living quarters, is fully fenced, secure and is in the heart of the Palm Springs Industrial area!!!This Property is Zoned M-1 which allows Automotive and most other industrial uses and includes a special land use for a service station with convenience store!!An adjacent 10,000 square foot gated, fully enclosed vacant lot is also available for sale. Purchase together and have 17,000 square feet in lot space!The ceiling height is 15 feet, and comes with a THREE 10 by 14 foot electric roll up garage doors. It is a corner lot with easy access to the 10 freeway and downtown Palm Springs!! It is also surrounded by other manufacturing, automotive and other industrial related uses. 10,000 square foot adjacent vacant lot available for sale. The property has a fully enclosed and secure yard!
Palm Springs, CA 92262
$2,395,000
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Fully licensed boutique hotel close to the Uptown District. Property (Hotel) has been closed since 2019, but operational. Currently licensed as a 10 room boutique hotel , with 12 rooms. Two are adjoining connecting suites. This Fee simple property sits next to the successful Descanso Hotel and is priced well with unlimited potential depending on the new owners vision. Center court swimming pool, in ground Spa and Sauna / Steam room. Most units have kitchens or kitchenettes. Could potentially be used as a compound or multi unit apartment building subject to city zoning approval. The room count for the hotel license is 10 due to the 10 parking stalls on site. See the attached pro forma, which includes projections based on other similar properties, in its current condition and following new owner renovations. Site plan / Room layout in Documents, as well. Alarms on property, do not go direct. Shown by appointment only please contact listing agent. Full solar, paid for no solar lease. The city of Palm Springs has a TOT rebate program over the next 10 years that could be a substantial savings estimated at $50,000 per year or more if qualified.
Palm Springs, CA 92262
$795,000
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This is your opportunity to own a piece of Palm Springs's history. The property is located on the north end of the main strip of downtown and is surrounded by Hotels, and small businesses such as Restaurants, Boutiques, Office space, and Rental properties. The current owner has used it as an office space/ hair salon for many years, but it will be delivered free of the owner's contents. This would be a great opportunity for you to renovate and make it your own or tear it down and start something fresh. With its prime location, it is an investment opportunity definitely to consider.
Palm Springs, CA 92262
$5,200,000
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Exceptional location and Immaculately maintained commercial buildings in the heart of the Palm Springs Uptown District. One tax lot, 2 property addresses includes the 668 Retail / Office / Commercial building (Mid-Century Modern Architecture) and the 664 (Historic Spanish Style Architecture) property which includes Jake's Restaurant and Frippery clothing store. Wide street front visibility and high traffic count. Fully leased with off street assigned parking for tenants only. 2 common area restrooms on the second floor of the 668 building and 2 private restrooms for the 2 main floor retail storefronts. New fully paid for Solar System on the 668 Building to be installed by seller. Please do not disturb tenants.For showings contact:Scott Timberlake 760-333-7578
Palm Springs, CA 92264
$1,800,000
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5.44 acres of Commercial/Industrial use land in a high traffic area with close proximity to a major retail shopping center. Easy in and out access and close by to Interstate 10. Unlimited potential for a variety of uses.Seller is paying all expenses to convert to FEE LAND at the close of escrow.
Palm Springs, CA 92264
$8,499,000
7827
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9
Baths
5
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Situated just below the Bob Hope Estate in the historic guard gated enclave that is Southridge, this extraordinary contemporary masterpiece overlooks the city of Palm Springs and far beyond. Breathtaking views of city lights, windmills, mountain ranges and airplanes silently coming and going are simply incomparable. The ''Round House'', as it is known, is an architectural expression of ingenuity and the ultimate in creative design. Completely dismantled and reimagined in 2012 from below the ground up, this massive undertaking was completed to perfection as displayed the moment you open the front door. The sweeping curves of the roofline, the walls of glass showcasing our beautiful desert and surrounding desertscape seamlessly integrate the home into the hillside. The finely appointed gourmet kitchen with butler's pantry opens to the dining area, expansive sunken living room, wet bar, and billiard area, which all enjoy the views through walls of automated retractable glass panels that open to create the epitome of indoor/outdoor living. In addition, there is a 10-person theater room, fit for a Hollywood movie premiere; a private office; entry to the elevator; 2 powder rooms and pool bath with washer and dryer to complete the first-floor amenities. Ascend the curved staircase to the second level which features an oversized primary retreat with dual primary baths, one equipped with a massage room, direct balcony access, and a grand circular walk-in closet. ''Continued...''
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