Palm Canyon Drive Palm Springs, Californie, États-Unis
Annonce par Coldwell Banker Realty
La propriété suivante,Propriété commerciale, située Palm Springs, Californie, États-Unis est présentement à vendre. Palm Springs, Californie, États-Unis affiche un prix de5 099 995 $US. Si la propriété au Palm Springs, Californie, États-Unis ne convient pas à vos besoins, visitez le https://devadmindomaintest1.xomio.com pour voir d’autres Propriétés commerciales à vendre au Palm Springs .
Date mise à jour: 15 janv. 2025
#MLS: 373765553
5 099 995 $US USD
Caractéristiques de la propriété
Détails sur la construction
- Année de construction: 1981
- Toiture: Tôle
Autres caractéristiques
- Système de chauffage: Gaz Naturel Air Forcé Central
Description
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: $28,000 per month ($336,000 annually)Cap Rate: 6%Annual Increases: 5%These favorable financial metrics offer a solid return on investment, with built-in growth potential from annual rent escalations.