Palm Springs

Palm Springs, CA 92262
$1,850,000
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Location location location! Architecturally significant prime downtown office and Retail corner 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 future Casino Hotel & World class Sec-he Spa now open. Fully leased office / retail condos with private restrooms, 8 off street parking spaces 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 / retail condominium suites. Profitable options to sell separately to existing tenants , investors or new owner users of small businesses. Two levels, no elevator access to second floor.Please do not disturb tenants, showing by appointment only accompanied by listing Broker.
Palm Springs, CA 92262
$16,000,000
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Introducing an exceptional commercial development opportunity in the heart of the desert's most celebrated destination. Spanning 10.08 acres, this premier Palm Springs parcel, once home to the legendary Racquet Club of Palm Springs, combines scale, presence, and possibility, an increasingly rare offering within one of California's most sought-after luxury markets.Beautifully positioned in North Palm Springs, the property showcases impressive frontage, dramatic mountain views, and effortless connectivity to downtown, world-class resorts, golf, and the region's finest dining and retail. Its flat, expansive terrain and flexible commercial zoning create a compelling canvas for a landmark vision, whether a boutique resort enclave, luxury wellness retreat, curated mixed-use concept, or sophisticated residential development.A property of this caliber is seldom available. For the developer or investor seeking a distinctive opportunity in Palm Springs, this offering stands apart, poised for a visionary project deserving of its remarkable setting.
Palm Springs, CA 92262
$4,699,995
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This is an unparalleled opportunity to own an iconic, trophy building situated in the vibrant heart of downtown Palm Springs. The Village, a legendary and thriving establishment, has been a cornerstone of the city's dynamic entertainment scene since its inception in 1996. Conceived as a high-energy venue with an international flair, The Village filled a unique niche by offering a seamless blend of dining, entertainment, and nightlife--serving great food, providing captivating entertainment, and hosting dancing until 2 a.m., seven nights a week.Over the years, The Village has maintained its status as a cutting-edge destination, continuously adapting and evolving under progressive management. Today, it remains a premier venue catering to a diverse clientele for dining, drinks, and dancing.Prime Downtown LocationLocated in the bustling heart of downtown Palm Springs, this property benefits from unparalleled visibility and foot traffic, making it a prime location for business success. Surrounded by popular tourist attractions, luxury hotels, and renowned shopping and dining venues, The Village enjoys a constant flow of visitors and locals alike.The property is currently occupied with a successful business in place, generating reliable rental income:Lease Income: $29,400 per month ($352,800 annually!)Cap Rate: 6.26%Annual Lease Increases of 5% will be a 10.4 cap by year 9!These favorable financial metrics offer a solid return on investment, with built-in growth potential from annual rent escalations.
Palm Springs, CA 92262
$4,950,000
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Prime 100% Leased Investment Opportunity in the Heart of Palm Springs' Historic Uptown District. Located in one of Palm Springs' most desirable corridors, this impeccably maintained property offers exceptional visibility and charm. Dual Architecture, Mid Century Modern and Spanish, situated on a single tax lot with two distinct addresses. The offering includes: 668 Building - A striking Mid-Century Modern commercial space ideal for retail, office, or mixed use. 664 Building - A beautifully preserved Spanish-style property, home to the renowned and successful Jake's Restaurant boasting high foot traffic and excellent street frontage. In 2024 Jakes expanded its operation and a new fully renovated lobby, additional indoor seating, kitchen and restrooms. Off-street parking exclusively for tenants. This property is both functional and aesthetically unique. The 668 building features two common area restrooms on the second floor, while the ground-floor retail units each have private restrooms. Additional highlights include a fully paid solar system on the 668 building--enhancing sustainability and reducing operational costs. Currently under application for the Mills Act for a potentially significant property tax reduction. Fully occupied, please do not disturb tenants. Seller open to an exchange for an out of state Commercial property, Hotel or residential income property. Oregon preferred.
Palm Springs, CA 92264
$4,500,000
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Office/Business Park for Sale comprised of 3 buildings, 5000-5055 E Calle San Raphael. Unleash Your Business Potential and Discover Champion Business Park: Prime Commercial Space in Palm Springs!Located at the northeast corner of E Calle San Rafael and Gene Autry Trail, Champion Business Park offers a rare opportunity to establish your business on Indian lease land. This premier industrial and flex space, just five minutes from downtown Palm Springs, provides cost-effective leasing in a prime location under a secure, long-term ground lease.Perfect for your business, whether you're a Retailer, Automotive Supplier, or Startup, Champion Business Park offers the infrastructure and location to thrive. The Indian lease land structure provides a unique opportunity to establish your business in a high-demand area with long-term security, subject to tribal and BIA regulations.Secure your place in one of Palm Springs' most strategic commercial locations. Indian Lease Land Advantage: Situated on leased tribal land, Champion Business Park offers access to a coveted Palm Springs location at a lower upfront cost compared to fee-simple properties, with long-term lease terms ensuring stability for your business operations.Strategic Location: Zoned M1, the property is minutes from Freeway 111, providing seamless connectivity for clients and suppliers in a vibrant commercial hub.Versatile Building Features: The 3-Building 38,263 SF industrial warehouse on a 2.12-acre lot offers ample space for operations, parking, and potential expansionThriving Business Environment: Palm Springs' dynamic economy supports diverse industries, from retail to automotive. Nearby attractions like Indian Canyons, VillageFest, and the Santa Rosa Mountains enhance the area's appeal.Cost-Effective Leasing: Benefit from the affordability of Indian lease land, with competitive rates and flexible terms (utilities and certain services excluded).Prime Accessibility: Just minutes from downtown Palm Springs and major highways, ensuring convenience for staff and clients.Cultural & Economic Synergy: Operate in a location rich with cultural significance, supported by the Palm Springs Chamber of Commerce for networking and growth opportunities.
Palm Springs, CA 92262
$4,400,000
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Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this +/-8,830SF retail/restaurant building with large privateparking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, thisarchitecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants--the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery--this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's mosttrafficked corridors. Their tenancy offers a combination of stability and upside.
Palm Springs, CA 92262
$3,450,000
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Fully renovated, luxury boutique hotel located in the Old Las Palmas neighborhood--one of Palm Springs' most prestigious and historically significant districts. The property features ten spacious, private suites with curated mid-century interiors, enclosed patios, mature landscaping, and resort-quality amenities centered around a newly upgraded courtyard pool.Meticulously restored and operated as an upscale, design-driven hospitality asset with exceptionally strong guest reviews and repeat clientele. Its location--steps from Uptown Design District--positions it to capture premium ADR and strong year-round demand.‣ Spacious Bungalow-Style Suites - The hotel features 10 private suites with large floor plans, enclosed patios, and curated mid-century interiors. Eight of the ten suites are two-bedroom units, while the remaining two suites are dedicated one-bedroom units. Several units include kitchenettes or extended living spaces--adding flexibility for extended stays and premium-rate bookings.‣ Turnkey Upscale Operation - Operates as an independent boutique hotel with strong guest reputation, high review scores, and consistent demand capture from both leisure and weekend travel segments.‣ Premier Old Las Palmas Location - One of Palm Springs' most iconic and sought-after neighborhoods, The Weekend Palm Springs sits just steps from the Uptown Design District, offering walkability to high-end dining, shopping, galleries, and boutique attractions. The location supports premium ADR performance and strong year-round demand.‣ Fee Simple Ownership - The property is offered fee simple--rare for core Palm Springs boutique hotels--providing long-term security and flexibility for future operation or repositioning.‣ Ideally Positioned for Owner Operator - Turn-key operation in excellent condition following major renovation, new Owner Operator can focus on positioning and operation. The hotel can be operated efficiently and profitably.‣ Fully Renovated - Between 2017 and 2019, the property underwent a complete down-to-studs renovation, transforming the classic mid-century layout into a modern, design- forward hotel experience. Nearly $3.5 million was invested into the renovation, including rebuilt interiors, upgraded mechanical systems, enhanced landscaping, new hardscape, and premium finishes throughout. All rooms, mechanical systems, landscaping, hardscape, and common areas were rebuilt or upgraded to high contemporary standards.
Palm Springs, CA 92262
$3,750,000
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20-room hotel property located at the north end of the Uptown Design District. Mykonos Desert Suites I (2300 N Palm Canyon) is a 2-story limited service hotel with exterior corridors. Formerly timeshare, units are large, averaging almost 400 SF. (Timeshare has been unraveled and title is clear of any clouds). Listed well below recent comp sales on a per-unit basis. Fee simple site. Large pool, hot tub and pool deck with sweeping mountain views of San Jacinto Mountains. Neighboring hotel to the north, Mykonos Desert Suites II (2330 N Palm Canyon) is listed separately but can be purchased together with this property and operated as a single operation.
Palm Springs, CA 92262
$5,500,000
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25-room hotel property, including 4 apartments and a restaurant (currently non-operating), located at the north end of the Uptown Design District. Mykonos Desert Suites II (2330 N Palm Canyon) is a 2-story full service hotel with exterior corridors. Formerly timeshare, units are large, averaging over 500 SF. (Timeshare has been unraveled and title is clear of any clouds). Listed well below recent comp sales on a per-unit basis. Fee simple site. Large pool and pool deck with sweeping mountain views of San Jacinto Mountains. Neighboring hotel to the south, Mykonos Desert Suites I (2300 N Palm Canyon) is listed separately but can be purchased together with this property and operated as a single operation.
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