Highway 111 Palm Desert, California 92260, United States
The Retail for Sale located at Highway 111 Palm Desert California 92260 is currently for Sale, Highway 111 Palm Desert California 92260 is listed for $2,895,000. If the property located at Highway 111 Palm Desert California 92260 isn't what you're looking for, search California Real Estate to see other Commercial for Sale in Palm Desert .
MLS#: 372624833
$2,895,000 USD
- Minimum sellable space
- 519m² (5,582ft²)
Property features
Construction details
- Year built
- 2021
Area
- Property size
- 519m² (5,582ft²)
- Land/Lot size
- 769m² (8,276ft²)
- Cooling system
- Central AC
- Heating system
- CombinationCentral
Description
Introducing an extraordinary investment opportunity nestled on the prestigious Rodeo Drive of the Desert, 73338 Highway 111 in Palm Desert, CA. This commercial gem, renovated in 2021, offers a total of 7 units spanning 5,582 square feet, along with a newly minted 3,470 square foot high-end private club exclusively tailored for elite members. The property enjoys a privileged location, at full capacity, this property is generating over $20,000 per month in rent, amidst an exquisitely affluent community renowned for its opulence. Other units provide flexibility for owner-occupiers or savvy investors seeking rental income. With its prime position on Highway 111, the property ensures excellent visibility and accessibility for both customers and tenants, making it an ideal hub for businesses to attract clientele and expand operations. Furthermore, with Disney “Cotino” embarking on a monumental 618-acre resort project just 4 miles away and the vibrant Coachella festival grounds a mere 5 miles away, this locale pulsates with unparalleled energy and potential. Indian Wells Golf Course lies a mere 2 miles distant, adding to the allure of this prime location. Impeccably positioned for success, this property promises a lucrative venture for discerning investors seeking to capitalize on the thriving commercial landscape of Palm Desert. Don't miss this exceptional opportunity to acquire a highly sought-after commercial real estate asset. Schedule a viewing today to seize this extraordinary investment opportunity.
Location
Listing Contact: 747-279-8218