Active

353 Palm Canyon Drive

Palm Springs CA, 92262

$3,250,000


Active

Commercial

Built in 1992

Listed by Scott Timberlake with Realty Trust (760) 333-7578

Exceptional property and Downtown Palm Springs location. No land lease, Fee Simple. ownership. Two story structure including a private off street parking lot and elevator. Highly upgraded Dispensary on the main floor and Cannabis Lounge on the second floor. All office / Retail leasing options available. Owner / Tenant will vacate at closing. Cannabis license can be assigned to a new qualified buyer, no fees due to seller regarding this transfer to continue present use. Commercial Financing options are available but limited for its current use. Private financing possible with a substantial downpayment in excess of 50%. Highly upgraded with newer mechanical systems, high end interior and exterior improvements, upgrades and finishes. Expansive outdoor space with exceptional mountain and city views. Excellent visibility, ADA compliant. Contact listing agent for Projected income and expense summary. Restricted access must contact listing agent for showing appointments. Please DO NOT disturb tenant.

219120206PS

MLS ID

November 19, 2024

Listed

November 19, 2024

Updated

Map

353 Palm Canyon Drive
Palm Springs CA, 92262

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0.37 Acres


Lot Features

Sprinklers In Front, Near Public Transit, Sprinklers Timer, Sprinkler System


Roof

Flat, Tile

Other Property Details

Area Name

332 - Central Palm Springs


Garage

No


Parking Total

20


View

No


County

Riverside


Pool

No

Listing Contact: (760) 327-8000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/19/2024 at 6:42 PM UTC

 

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