$3,250,000
For Sale

353 Palm Canyon Drive

Palm Springs, CA 92262
0.37 acres | #219120206PS
Listing OfficeRealty Trust
Browse 68 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

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.

  • Property Details
      • Lot DescriptionSprinklersInFront, NearPublicTransit, SprinklersTimer, SprinklerSystem
      • Stories2
    • Measurements
      • Acres0.37
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1992
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected
  • Community and Neighborhood Details
      • CountyRiverside
  • Financial Details
      • Original List Price$3,250,000
  • Other
      • MLS #219120206PS

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 92262