Palm Springs CA Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
219155382PS
Type:
General Commercial
Lot size:
3.35 Acres
Year built:
1973
Listed by Realty Trust Luca Volpe
View additional info

ADDITIONAL INFORMATION

An exceptional opportunity to acquire Kaptur Plaza, an iconic architectural landmark prominently situated in the heart of downtown Palm Springs. Designed by renowned Mid-Century Modern architect Hugh Kaptur, this historically significant property underwent a comprehensive restoration in 2018, including upgrades to its mechanical, electrical and plumbing systems, along with new roofs, preserving its architectural character while modernizing its infrastructure.Recognized for its architectural significance and award-winning design, Kaptur Plaza benefits from an existing Mills Act agreement providing substantial annual property tax savings.The offering encompasses two parcels totaling approximately 145,926 square feet (3.35 acres) of fee simple land, with approximately 32,000 square feet of interior space. Strategically positioned along the prominent Tahquitz Canyon corridor within the Section 14 Specific Plan area, this substantial landholding represents a rare investment opportunity in one of Palm Springs' most desirable commercial locations. Zoning accommodates a variety of uses, including professional offices, retail and medical services.Kaptur Plaza features a diversified tenant mix, including Koffi, reportedly its highest-performing Coachella Valley location, Revive Wellness and V Wine Lounge. The property also offers executive office suites with receptionist services and shared amenities, accommodating a broad range of professional tenants. Historically strong occupancy, diversified income sources and professional on-site management by Realty Trust Asset Management further enhance its investment appeal.Adding to its long-term potential is the proposed Nexus Development project on adjacent land behind Kaptur Plaza, with construction anticipated to begin in 2027. Plans contemplate a significant development featuring luxury hotel accommodations and high-rise residential condominiums. Subject to applicable approvals and development timelines, this project could further elevate the surrounding corridor, increase pedestrian activity and strengthen the property's strategic downtown position.Combining architectural distinction, substantial fee simple land ownership, diversified tenancy and long-term appreciation potential, Kaptur Plaza represents a compelling investment opportunity.Please do not disturb tenants. Financial information available to prequalified buyers.

Beds:
n/a
Baths:
Sq.Ft.:
32,000
Status:
NEW LISTING
MLS#:
219155382
Type:
Office
Lot size:
3.35 Acres
Year built:
1973
Courtesy: Realty Trust 760-327-8000
View additional info

ADDITIONAL INFORMATION

An exceptional opportunity to acquire Kaptur Plaza, an iconic architectural landmark prominently situated in the heart of downtown Palm Springs. Designed by renowned Mid-Century Modern architect Hugh Kaptur, this historically significant property underwent a comprehensive restoration in 2018, including upgrades to its mechanical, electrical and plumbing systems, along with new roofs, preserving its architectural character while modernizing its infrastructure. Recognized for its architectural significance and award-winning design, Kaptur Plaza benefits from an existing Mills Act agreement providing substantial annual property tax savings. The offering encompasses two parcels totaling approximately 145,926 square feet (3.35 acres) of fee simple land, with approximately 32,000 square feet of interior space. Strategically positioned along the prominent Tahquitz Canyon corridor within the Section 14 Specific Plan area, this substantial landholding represents a rare investment opportunity in one of Palm Springs' most desirable commercial locations. Zoning accommodates a variety of uses, including professional offices, retail and medical services. Kaptur Plaza features a diversified tenant mix, including Koffi, reportedly its highest-performing Coachella Valley location, Revive Wellness and V Wine Lounge. The property also offers executive office suites with receptionist services and shared amenities, accommodating a broad range of professional tenants. Historically strong occupancy, diversified income sources and professional on-site management by Realty Trust Asset Management further enhance its investment appeal. Adding to its long-term potential is the proposed Nexus Development project on adjacent land behind Kaptur Plaza, with construction anticipated to begin in 2027. Plans contemplate a significant development featuring luxury hotel accommodations and high-rise residential condominiums. Subject to applicable approvals and development timelines, this project could further elevate the surrounding corridor, increase pedestrian activity and strengthen the property's strategic downtown position. Combining architectural distinction, substantial fee simple land ownership, diversified tenancy and long-term appreciation potential, Kaptur Plaza represents a compelling investment opportunity. Please do not disturb tenants. Financial information available to prequalified buyers.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
219155381PS
Type:
General Commercial
Lot size:
2.27 Acres
Year built:
1981
Listed by Realty Trust Luca Volpe
View additional info

ADDITIONAL INFORMATION

Tahquitz Place is 100% leased and professionally maintained and managed by Realty Trust Asset Management. Over 4,000 sf of former office space was completely renovated in 2025 and added to the Executive Suite space with professional reception service. 2.27 Fee Simple Acres situated on the vibrant Tahquitz corridor. Tahquitz Place has an Elevator and is ADA compliant. Featuring the Landmark Large Water Feature / Fountain on the corner. Offering a Multi-Tenant Mix of retail, medical, coffee shop & cafe, Law Offices and many private professional offices and Executive Suites. Excess off street Parking, approximately 107 parking stalls. Close proximity to the Palm Springs International Airport, Police Department, Downtown attractions, Palm Springs City Hall & Building Department and Court Houses. The Social Club Cafe & Lounge, a high scale Coffee Shop and Cafe, is a very popular neighborhood destination with a warm and welcoming staff, indoor seating and decor and exceptional outdoor seating with San Jacinto Mountain Views. Strategically located across from the gated Vibe Residential Development and across the street from the highest density of residential apartment housing options in all of Palm Springs. The Tahquitz Corridor provides extremely high walking, traffic count and visibility. Financials provided on request to pre-qualified buyers.Potential for building expansion, subject to City approval. Seller financing in the amount of $2.5M possible, subject to seller sole discretion and buyer qualification.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219155151DA
Type:
General Commercial
Lot size:
0.71 Acres
Year built:
1976
Listed by Rennie Group Ryan Pylypow
View additional info

ADDITIONAL INFORMATION

Excellent opportunity to acquire a 10,126 SF commercial building in Palm Springs, featuring durable block wall construction and a fenced yard. The property is occupied by a well-established tenant with an impressive 22-year tenancy, providing a history of occupancy and a current income stream. The existing lease has approximately 3 years remaining, offering an investor the opportunity to maintain the current tenancy while evaluating future lease-renewal potential. The property currently offers a reported 7.7% capitalization rate.The building is situated on leased land, with approximately 32 years remaining on the land lease. Located across the street from a new tribal gas station, the property benefits from proximity to a notable commercial development in the surrounding area.Please do not disturb tenant. Drive-by only. No direct contact with the tenant or property visits without prior authorization.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219153989PS
Type:
General Commercial
Lot size:
0.52 Acres
Year built:
1960
Listed by Lucent Real Estate Inc. Paul Kurdian
View additional info

ADDITIONAL INFORMATION

Recently repositioned at $4.5 million, the Inn at Palm Springs presents a compelling opportunity to acquire an operating boutique hotel on fee simple land in Palm Springs. Currently configured with 22 furnished guest accommodations and offers significant potential for a new owner to optimize operations and revenue. Prominently located along N Palm Canyon Drive, the property features a heated pool and outdoor gathering areas, gated grounds, 22 onsite parking spaces, EV charging, lobby and reception area, dedicated laundry and storage facilities, and approximately 1,500 SF of flexible lower level space. A Type 70 liquor license is to convey with the sale, subject to applicable transfer requirements. Recent capital improvements and property refreshes have been completed throughout. Fee simple ownership with no land lease. Buyer to independently verify permitted room count, licensing, use and development potential. Contact listing broker for offering materials and additional information.

Beds:
n/a
Baths:
Sq.Ft.:
3,475
Status:
Active
MLS#:
DW26191800
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1957
Listed by The Ave Karla Maldonado
View additional info

ADDITIONAL INFORMATION

Rare opportunity to own a well-positioned five-unit multifamily property in Palm Springs’ desirable Racquet Club West neighborhood. Situated on an approximately 10,019-square-foot lot, this unique property offers five separate units, including four one-bedroom/one-bath units and one two-bedroom/one-bath unit, providing flexibility for investors, extended living, or a combination of both. Each residence features its own private walled patio, full kitchen, dedicated living space, and a blend of classic Palm Springs character and functional design, including vaulted beamed ceilings, concrete and tile flooring, built-ins, and ample storage. Residents can enjoy a shared in-ground heated pool, on-site laundry, generous off-street parking, and beautiful surrounding mountain and desert views. The property also benefits from separately metered gas and electricity. Located just minutes from Downtown Palm Springs, with convenient access to restaurants, shopping, entertainment, and the area's iconic desert lifestyle, 482 W Pico Rd offers an exceptional opportunity to own a multifamily asset in one of Southern California's most recognizable destinations.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219151511PS
Type:
General Commercial
Lot size:
0.72 Acres
Year built:
1962
Listed by Realty Trust Luca Volpe
View additional info

ADDITIONAL INFORMATION

Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this +/-8,830SF retail/restaurant building with large privateparking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, thisarchitecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants--the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery--this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's mosttrafficked corridors. Their tenancy offers a combination of stability and upside.

Beds:
n/a
Baths:
Sq.Ft.:
8,830
Status:
Active
MLS#:
219151511
Type:
Retail
Year built:
1962
Courtesy: Realty Trust 760-327-8000
View additional info

ADDITIONAL INFORMATION

Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this ±8,830SF retail/restaurant building with large private parking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, this architecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants—the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery—this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's most trafficked corridors. Their tenancy offers a combination of stability and upside.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219150246PS
Type:
General Commercial
Lot size:
2.27 Acres
Year built:
1981
Listed by Realty Trust Scott Timberlake
View additional info

ADDITIONAL INFORMATION

Tahquitz Place is 100% leased and professionally maintained and managed by Realty Trust Asset Management. Over 4,000 sf of former office space was completely renovated in 2025 and added to the Executive Suite space with professional reception service. 2.27 Fee Simple Acres situated on the vibrant Tahquitz corridor. Tahquitz Place has an Elevator and is ADA compliant. Featuring the Landmark Large Water Feature / Fountain on the corner. Offering a Multi-Tenant Mix of retail, medical, coffee shop & cafe, Law Offices and many private professional offices and Executive Suites. Excess off street Parking, approximately 107 parking stalls. Close proximity to the Palm Springs International Airport, Police Department, Downtown attractions, Palm Springs City Hall & Building Department and Court Houses. The Social Club Cafe & Lounge, a high scale Coffee Shop and Cafe, is a very popular neighborhood destination with a warm and welcoming staff, indoor seating and decor and exceptional outdoor seating with San Jacinto Mountain Views. Strategically located across from the gated Vibe Residential Development and across the street from the highest density of residential apartment housing options in all of Palm Springs. The Tahquitz Corridor provides extremely high walking, traffic count and visibility. Financials provided on request to pre-qualified buyers.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219149880PS
Type:
General Commercial
Lot size:
0.48 Acres
Year built:
1948
Listed by Realty Trust Sandra Quinn
View additional info

ADDITIONAL INFORMATION

Behind privacy walls in the heart of Palm Springs sits a true rarity: an active, licensed hotel property offering turnkey income from day one. This Spanish-style estate unfolds across 20,909 sq ft, its lush courtyard framed by palms and unobstructed mountain views. Six beautifully appointed suites offer 6 bedrooms and 6 baths, flowing effortlessly between private retreats and shared spaces built for entertaining, anchored by a saltwater pool, spa, fire pit, and an outdoor granite kitchen made for long evenings under the stars. Designer furnishings, gas fireplaces, and fully updated bathrooms, elevate every detail. Nine on-site parking spaces support a seamless short-term rental operation, and two additional vacant lots under the same parcel number open the door to future expansion. Moments from downtown's best dining and nightlife, this is a rare chance to own a fully operational hospitality asset with income potential from day one.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219149899PS
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1959
Listed by Realty Trust Sandra Quinn
View additional info

ADDITIONAL INFORMATION

A striking mid-century compound in the heart of Palm Springs, this active licensed hotel property is a rare turnkey investment, moments from downtown. Walls of glass, open-beam ceilings, and original mid-century furnishings define the architecture throughout. Five suites wrap around a private central courtyard anchored by a spacious outdoor kitchen and dining for up to 18, while a breezeway leads to a resort-style pool with tanning shelf, in-pool seating, and a 12-person spa with a cascading waterfall. A built-in fire pit, outdoor shower, and color-changing LED lighting complete the after-dark ambiance. In total, the property offers 9 bedrooms, 6 baths, and 3 full kitchens, giving it exceptional flexibility to operate as five individual suites or one expansive private retreat. High-efficiency mini-split HVAC, instant hot water systems, and full property-wide internet coverage keep operations smooth. Five on-site parking spaces, including one ADA space, plus ample street parking, round out this exceptional income-producing opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219149666PS
Type:
General Commercial
Lot size:
0.37 Acres
Year built:
1992
Listed by Realty Trust Scott Timberlake
View additional info

ADDITIONAL INFORMATION

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 transferred! NO NEW Licenses issued until after 12/31/2027.Commercial Financing options are available but limited for its current use. City planning to restrict / limit Palm Springs licenses in 2028, considering 10 as the limit. 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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219149470DA
Type:
General Commercial
Lot size:
7.93 Acres
Year built:
1982
Listed by Desert Pacific Properties Susan Harvey
View additional info

ADDITIONAL INFORMATION

93,815 SF multi-tenant industrial/commercial complex consisting of three buildings for sale or lease. Tenants include Harley Davidson Motorcycles, EagleRider Motorcycle Rentals & Tours, Desert View Mirror & Glass, Precision Patios, and more. North Village Center represents an increasingly rare opportunity to secure flexible industrial product in a supply-constrained desert market where demand for functional small- and mid-bay space continues to grow. Prime location just off I-10 at Indian Canyon Drive. Abundant parking onsite. Approx. 513 feet of frontage on Indian Canyon Drive. Less than one mile from Amazon's new 650,000 SF distribution facility and FedEx Ground. Close proximity to Palm Springs International Airport. 726 SF up to 6,508 SF of contiguous space and a total of 33,150 SF available for lease. * Call our office at (760) 360-8200 for more details or to set up an appointment to view the spaces *

Beds:
n/a
Baths:
Sq.Ft.:
93,815
Status:
Active
MLS#:
219149470
Type:
Industrial
Lot size:
7.93 Acres
Year built:
1982
Courtesy: Desert Pacific Properties 760-360-8200
View additional info

ADDITIONAL INFORMATION

93,815 SF multi-tenant industrial/commercial complex consisting of three buildings for sale or lease. Tenants include Harley Davidson Motorcycles, EagleRider Motorcycle Rentals & Tours, Desert View Mirror & Glass, Precision Patios, and more. North Village Center represents an increasingly rare opportunity to secure flexible industrial product in a supply-constrained desert market where demand for functional small- and mid-bay space continues to grow. Prime location just off I-10 at Indian Canyon Drive. Abundant parking onsite. Approx. 513 feet of frontage on Indian Canyon Drive. Less than one mile from Amazon's new 650,000 SF distribution facility and FedEx Ground. Close proximity to Palm Springs International Airport. 726 SF up to 6,508 SF of contiguous space and a total of 33,150 SF available for lease. * Call our office at (760) 360-8200 for more details or to set up an appointment to view the spaces *

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219148167DA
Type:
General Commercial
Lot size:
0.42 Acres
Year built:
1956
Listed by Engel & Volkers Palm Desert Bronwen Campbell
View additional info

ADDITIONAL INFORMATION

Introducing The Jazz Hotel, a fully renovated 12 room boutique hotel on 0.42 acres in Palm Springs. Originally built circa 1954, this single story property offers approximately 5,432 SF including 12 guest rooms, office, fitness room, pool, spa, and outdoor patio areas.Recent upgrades include interior/exterior paint, flooring improvements, bathroom updates, lighting upgrades, pool/spa enhancements, courtyard improvements, and extensive systems modernization. Key infrastructure work includes removal of outdated wall units and heaters and installation of 16 energy efficient mini split HVAC systems, along with upgraded electrical and exterior improvements.Significant investment in FF&E includes new furnishings, linens, decor, signage, outdoor lounge furniture, fitness equipment, and guest amenities, creating a turnkey boutique hospitality opportunity. Located near downtown Palm Springs, dining, shopping, and entertainment.Buyer to verify zoning, permits, and hotel/STR licensing requirements.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219145088DA
Type:
General Commercial
Lot size:
0.1 Acres
Year built:
2007
Listed by HomeSmart Paola Jeha
View additional info

ADDITIONAL INFORMATION

IDEAL LOCATION. Prime retail building located in the desirable city of Palm Springs, CA. This commercial property offers excellent visibility and accessibility, situated just over 3 miles from Interstate 10 and approximately 5 miles from CA State Route 62.The property features approximately 1,722 square feet of building space on a 0.10-acre lot, positioned along N Palm Canyon Drive, a prominent and high-traffic corridor through downtown Palm Springs.Ideal opportunity for a variety of retail or commercial uses seeking strong exposure in a growing market.Zoning: C1

Beds:
n/a
Baths:
Sq.Ft.:
4,180
Status:
Active
MLS#:
219144885
Type:
Mixed Use
Year built:
1968
Courtesy: Windermere Real Estate 760-660-6444
View additional info

ADDITIONAL INFORMATION

Iconic Mid-Century Retail / Medical /Office Opportunity - Uptown Design District Located in the heart of the renowned Uptown Design District in Palm Springs, this iconic , standalone mid-century modern commercial building offers a rare opportunity to lease or invest in one of the city's most recognizable properties. The landmark property at 850 N. Palm Canyon Drive was formerly the design studio of celebrated Palm Springs designer Arthur Elrod and retains architectural elements that reflect the area's distinctive modernist heritage. The building has undergone extensive tenant improvements (TIs) and is currently occupied by a national tenant, highlighting the property's strong appeal for established retailers and professional users. Large floor-to-ceiling storefront windows provide exceptional visibility and natural light along highly trafficked Palm Canyon Drive, making the space ideal for a high-end retail brand, showroom, gallery, medical practice, or professional office. The interior features high ceilings, a spacious reception area, and a distinctive pewter metal entry door, creating a striking first impression for clients and customers. A rare amenity in the Uptown district, the property also includes a private on-site parking lot, providing convenient access for staff and visitors. This is a unique opportunity to occupy or invest in a landmark commercial property in one of Palm Springs' most vibrant retail and design corridors. Previous tenant has now moved out and showing is available any day , with advance notice! $4.25 plus NNN per sq.ft.

Beds:
n/a
Baths:
Sq.Ft.:
3,190
Status:
Active
MLS#:
219144601
Type:
General Commercial
Year built:
1955
Courtesy: eXp Realty of Southern California, Inc 888-294-1415
View additional info

ADDITIONAL INFORMATION

Nestled in the heart of Palm Springs The Three Ten Hotel offers an elevated desert escape where timeless design meets effortless luxury. This beautifully restored Mid-Century boutique property captures the spirit of classic Palm Springs while delivering the comfort, privacy, and style today's discerning travelers expect.Designed for intimate getaways and memorable group experiences, the hotel features seven spacious, vintage-inspired suites thoughtfully arranged around a tranquil central pool courtyard. Each room blends retro charm with modern convenience, featuring luxurious queen beds, curated furnishings, and private kitchenettes. Two larger suites offer full kitchens and separate living areas--perfect for extended stays, entertaining, or relaxing in true Palm Springs fashion.Guests are invited to unwind beneath endless desert skies while enjoying sweeping views of the majestic San Jacinto Mountains.Sun-drenched afternoons by the pool transition seamlessly into breathtaking sunset evenings, where the surrounding desert landscape creates an atmosphere of serenity and understated glamour.Whether you're planning a private celebration, a stylish group retreat, or a festival getaway to nearby events like the world-renowned Coachella Valley Music and Arts Festival or Stagecoach Festival, The Three Ten Hotel offers a boutique experience designed for unforgettable moments.With accommodations for up to 17 guests, the property is ideal for exclusive buyouts, bachelorette weekends, birthdays, and curated desert escapes--where mid-century elegance, mountain views, and Palm Springs sophistication come together in perfect harmony.

Beds:
n/a
Baths:
Sq.Ft.:
5,733
Status:
Active
MLS#:
CV26045532
Type:
Other
Lot size:
0.32 Acres
Year built:
1963
Listed by REALTY MASTERS & ASSOCIATES Michelle Bagi
View additional info

ADDITIONAL INFORMATION

Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.

Beds:
n/a
Baths:
Sq.Ft.:
32,000
Status:
Active
MLS#:
219143989
Type:
Office
Year built:
1973
Courtesy: Realty Trust 760-327-8000
View additional info

ADDITIONAL INFORMATION

Kaptur Plaza has become an Iconic Palm Springs landmark, restored completely in 2018 including all mechanicals, plumbing, electric and new roofs. A featured destination on the Historic Register for award winning design and architecture by renowned Mid-Century architect, Hugh Kaptur. Mills act in place reducing the annual property taxes significantly. 2 parcels with approx. 32,000 sf of interior space and 145,926 sf of FEE SIMPLE land in the heart of downtown Palm Springs. Thes prime 3.35 Acres of Fee Simple land strategically located in Section 14 has an exceptional land value along the Tahquitz Corridor. Zoning allows mixed uses: office, retail and, Medical. Featured Tenants include Koffi (their #1 Store / Location in the Valley!), Revive Wellness, V Wine Lounge and on-site professional property management by Realty Trust, Asset Management, a leader in Real Estate sales and commercial leasing. Fully leased, constantly high occupancy rates and diversified uses offering / including Executive Suites with receptionist and shared amenities. New Construction planned to start in 2027 behind Kaptur Plaza by Nexus Development. This exceptional development will greatly enhance the location with high rise condominiums, and a Luxury Hotel (see attachment). Please do not disturb our tenants. Financials available to pre-qualified buyers.

Beds:
n/a
Baths:
Sq.Ft.:
2,160
Status:
Active
MLS#:
219143415
Type:
Other
Year built:
1973
Courtesy: Realty Trust 760-327-8000
View additional info

ADDITIONAL INFORMATION

Mixed use: Medical, Office, Retail. Kaptur Plaza is on the Historic Register and is an exceptional location, home of Koffi Central & V Wine Lounge. Abundant parking available. This Space has exceptional signage on the monument sign and a large lighted sign on the front of the building / space. Rent includes all base rent and CAM fees @ $5,900 per month. Exceptional, high quality interior upgrades for a high-end business opportunity. Currently a fully equipped and furnished Hair Salon & Spa space. Ready to open! Contact leasing agent for all. Sample Lease, floor plan and current inventory list attached if use continues as a Salon / Spa.Large Hotel and condominium Project to be built behind the building adjacent to the Convention Center adding increased client & customer walking and drive by visibility, Other large Hotels surround Kaptur Plaza offering potential client / customer-based increases and activity.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219142175PS
Type:
General Commercial
Lot size:
0.4 Acres
Year built:
1960
Listed by Realty Trust Scott Timberlake
View additional info

ADDITIONAL INFORMATION

Prime 100% Leased Investment Opportunity in the Heart of Palm Springs' Historic Uptown District. Located in one of Palm Springs' most desirable corridors, this impeccably maintained property offers exceptional visibility and charm. Dual Architecture, Mid Century Modern and Spanish, situated on a single tax lot with two distinct addresses. The offering includes: 668 Building - A striking Mid-Century Modern commercial space ideal for retail, office, or mixed use. 664 Building - A beautifully preserved Spanish-style property, home to the renowned and successful Jake's Restaurant boasting high foot traffic and excellent street frontage. In 2024 Jakes expanded its operation and a new fully renovated lobby, additional indoor seating, kitchen and restrooms. Off-street parking exclusively for tenants. This property is both functional and aesthetically unique. The 668 building features two common area restrooms on the second floor, while the ground-floor retail units each have private restrooms. Additional highlights include a fully paid solar system on the 668 building--enhancing sustainability and reducing operational costs. Currently under application for the Mills Act for a potentially significant property tax reduction. Fully occupied, please do not disturb tenants. Seller open to an exchange for an out of state Commercial property, Hotel or residential income property. Oregon preferred.

Beds:
n/a
Baths:
Sq.Ft.:
11,387
Status:
Active
MLS#:
219142175
Type:
Retail
Year built:
1960
Courtesy: Realty Trust 760-327-8000
View additional info

ADDITIONAL INFORMATION

Prime 100% Leased Investment Opportunity in the Heart of Palm Springs' Historic Uptown District. Located in one of Palm Springs' most desirable corridors, this impeccably maintained property offers exceptional visibility and charm. Dual Architecture, Mid Century Modern and Spanish, situated on a single tax lot with two distinct addresses. The offering includes: 668 Building - A striking Mid-Century Modern commercial space ideal for retail, office, or mixed use. 664 Building - A beautifully preserved Spanish-style property, home to the renowned and successful Jake's Restaurant boasting high foot traffic and excellent street frontage. In 2024 Jakes expanded its operation and a new fully renovated lobby, additional indoor seating, kitchen and restrooms. Off-street parking exclusively for tenants. This property is both functional and aesthetically unique. The 668 building features two common area restrooms on the second floor, while the ground-floor retail units each have private restrooms. Additional highlights include a fully paid solar system on the 668 building--enhancing sustainability and reducing operational costs. Currently under application for the Mills Act for a potentially significant property tax reduction. Fully occupied, please do not disturb tenants. Seller open to an exchange for an out of state Commercial property, Hotel or residential income property. Oregon preferred.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219142335PS
Type:
General Commercial
Lot size:
0.17 Acres
Year built:
1981
Listed by Coldwell Banker Realty Zoltan Posa
View additional info

ADDITIONAL INFORMATION

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: $29,400 per month ($352,800 annually!)Cap Rate: 6.26%Annual Lease Increases of 5% will be a 10.4 cap by year 9!These favorable financial metrics offer a solid return on investment, with built-in growth potential from annual rent escalations.

Beds:
n/a
Baths:
Sq.Ft.:
8,830
Status:
Active
MLS#:
219141389
Type:
Other
Year built:
1962
Courtesy: Realty Trust 760-327-8000
View additional info

ADDITIONAL INFORMATION

Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this +/-8,830SF retail/restaurant building with large privateparking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, thisarchitecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants--the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery--this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's mosttrafficked corridors. Their tenancy offers a combination of stability and upside.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


Based on information from the California Desert Association of REALTORS®. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Palm Springs Real Estate

Palm Springs is located in California. Palm Springs, California has a population of 44,799. Palm Springs is less family-centric than the surrounding county with 10.47% of the households containing married families with children. The county average for households married with children is 35.14%.

The median household income in Palm Springs, California is $61,597. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Palm Springs is 56.6 years.

Palm Springs Weather

The average high temperature in July is 107.6 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 5.2 inches per year, with 0 inches of snow per year.

Palm Springs Map

Palm Springs Real Estate Market Conditions

  • Median sales price

    $534,500
    21.9%
    change since last quarter
  • # Active listings

    1,374
    30-day change

Palm Springs Schools and Demographics

Education near Palm Springs, CA

City County
High School Graduates 92.34 82.99
College Degree - 2 year 7.88 8.44
College Degree - 4 year 42.97 23.53
Graduate Degree 11.81 6.06
Expenditures per Student 15,296 15,296
Students per Teacher 23.4 23.4

Elementary Schools near Palm Springs, CA

Grades Students P/T Ratio ZIP
Agua Caliente Elementary School KG - 05 621 27 92234
Bella Vista Elementary KG - 05 783 29 92240
Bubbling Wells Elementary School KG - 05 777 25.9 92240
Cabot Yerxa Elementary School KG - 05 799 26.6 92240
Cahuilla Elementary School KG - 05 535 22.3 92264
Cathedral City Elementary School KG - 05 797 26.1 92234
Cielo Vista Charter School KG - 06 753 24.7 92264
Julius Corsini Elementary School KG - 05 488 22.2 92240
Katherine Finchy Elementary School KG - 05 651 25 92262
Landau Elementary School KG - 05 692 25.6 92234
Rancho Mirage Elementary School KG - 05 422 26.4 92270
Rio Vista Elementary School KG - 05 723 24.9 92234
Sunny Sands Elementary School KG - 05 973 26.3 92234
Two Bunch Palms Elementary School KG - 05 894 25.5 92240
Vista Del Monte Elementary School KG - 05 383 23.9 92262

Middle Schools near Palm Springs, CA

Grades Students P/T Ratio ZIP
Desert Springs Middle School 06 - 08 855 22.4 92240
James Workman Middle School 06 - 08 1,413 25.3 92234
Nellie N. Coffman Middle 06 - 08 1,081 24.8 92234
Painted Hills Middle 06 - 08 845 26 92240
Raymond Cree Middle School 06 - 08 972 23.7 92262

High Schools near Palm Springs, CA

Grades Students P/T Ratio ZIP
Cathedral City High School 09 - 12 1,841 22.8 92234
Desert Hot Springs High School 09 - 12 1,777 23.7 92240
Palm Springs High School 09 - 12 1,782 25.1 92262
Rancho Mirage High 09 - 12 1,196 23.9 92270

Ungraded Schools near Palm Springs, CA

Grades Students P/T Ratio ZIP
* Mt. San Jacinto High 09 - 12 437 21.7 92234
Ramon Alternative Center 07 - 10 86 15.6 92264
Virtual Pre UG - UG 0 92262

Demographics near Palm Springs, CA

City County
Neighborhood Type Suburban
Population 44,799 2,409,331
Population Density 477 334
Median Age 56.6 36
People per Household 1.9 3.2
Median Household Income 61,597 76,066
Average Income per Capita 56,196 32,079

Real estate near Palm Springs