340 N. Palm Canyon Dr/317 N Indian Canyon Way
Palm Springs, CA
Retail for Sale - $2,200,000 - 9,605 Sq. Ft. on 21344 acres
Property Info
| CIMLS# | 687446 |
| Location 340 N. Palm Canyon Dr/317 N Indian Canyon Way Palm Springs CA 92262 | |
| Updated | February 4th, 2015 |
| Type | Retail |
| Price | $2,200,000 |
| Building | 9,605 Sq. Ft. |
| Land | 21344 acres |
Property Description
Property offers a unique development potential. A frontage of 50 feet on Palm Canyon Drive and 100 feet on Indian Canyon Drive. This is one of the few street to street parcels in downtown Palm Springs. The Palm Springs frontage building is currently leased to a bar & restaurant. The Indian Canyon Building is leased to a hamburger restaurant. There is a vacant, two story building in the center of the property which was once operated as a hotel.
The land parcel to the north of this property is also available which offers a development opportunity in Downtown Palm Springs. The old Desert Fashion Plaza remodeling is started which will bring a full city block of new retail, restaurant, and hotels to the central city.
Location Description:
Street to street parcel fronting on Palm Springs main streets and two blocks from the main city intersection. Located a block from the newly approved redevelopment of the Desert Fashion Plaza which has been almost totaly demolished for new construction..
Highlights:
>> RARE STREET TO STREET PARCEL
>> HIGH VISIBILITY SITE
>> GOOD FOOT TRAFFIC
>> JOIN THE BOOMING ECONOMY OF PALM SPRINGS
* Email for additional photos
Financials
Cash to Seller
Sales Info:
>> Commision split: 50.0%
