Ca-111 Palm Desert, California
Listed By Desert Properties of Coachella Valley
The Commercial Property for Sale located at Palm Desert, California is currently for sale. Palm Desert, California is listed for $729,950. If the property located at Palm Desert, California isn't what you're looking for, visit https://devadmindomaintest1.xomio.com to see other Commercial Properties for Sale in Palm Desert .
Date Updated : Feb 19, 2025
MLS#: 373787745
$729,950 USD
Property features
Construction details
- Year built: 1952
Description
Leased investment being sold for lot value. Building . currently set up with retail/office/service businesses. Total of 7 suites, with 3 tenants occupying 5 of these suites( 2 are vacant), and currently generating total of $3700/month. 2 suites on the street, others are in courtyard type setting. 2 bathrooms. Huge rear parking lot with 14+ parking spots. Same owners for 20+ years realize there is a lot of deferred maintenance, and have priced this accordingly. All current tenants are on month-to-month or their lease is up June of this year. Great for an owner user, looking to develop in the future -If fully leased, this would perform at approx. a 6 CAP with new taxes, insurance , etc.
Location
