Downtown D.H.S. Multi/Mixed-Use Property 12106 Palm Dr

Investment Highlights

Seller Financing Available to Qualified Buyers! Two tax parcels totaling approx. 14,375 sq. ft. of land! A Multi/Mixed-Use Property in the "Heart" of Downtown Desert Hot Springs!

Executive Summary

12106 PALM DRIVE .... SELLER FINANCING AVAILABLE TO QUALIFIED BUYERS! A Multi/Mixed-Use Property in the "Heart" of Downtown Desert Hot Springs! This Property features approx. 5,486 total sq. ft. of Retail/Restaurant/Office space, including 4 Studio Apartments plus 1 One Bedroom Apartment (which could also be converted to Boutique Resort rooms/Short-Term rentals or Office Suites) on the second level, all located on two tax parcels totaling approx. 14,375 sq. ft. of land. The Property's extraordinary corner location provides easy access with abundant private parking, unobstructed visibility in one of the highest traffic count areas of Desert Hot Springs and provides panoramic unparalleled views from almost every vantage point! The possibilities are endless at this one-of-a-kind Property in an A+ Downtown location!Located on the Northeast corner of Palm Canyon Drive and Acoma Avenue, just south of Pierson Boulevard.

• Sale Type    Investment
• Sale Condition    High Vacancy Property
• Property Type    Retail
• Property Subtype    Storefront Retail/Residential Storefront Retail/Residential General Retail Restaurant General Retail Storefront Retail/Office Office Office Residential Storefront Retail/Residential
• Building Size    6,000
• Building Class    C
• Year Built    1956
• Price    1,750,000
• Price Per SF    292
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.42
• Land Acres    0.33 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• 24 Hour Access
• Bus Line
• Corner Lot
• Restaurant
• Security System
• Signage
• Storage Space
• Air Conditioning
• Balcony