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Palm Springs Commercial Condominium

181 S Civic Drive Palm Springs, CA 92262

181 S Civic Drive, Palm Springs, CA, 92262
$899,000
For Sale
Claim this Listing
$899,000

COMMERCIAL - Palm Springs, CA

Property Size2,400 SF
Lot Size0.03 Acres
Price / SF$374.58
AddedDec 8, 2025
Days on Market219
Last RefreshJul 15 at 3:06 am

Property Features for 181 S Civic Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, Open
Standard status
Active
APN
502220001
Size
2,400 SF
Lot size
0.03 Acres

Building Details

Year built
1965
Roof type
Flat

Listing agent Campbell Crane Team

Listing office Equity Union 460 S Palm Canyon Dr, Sherman Oaks, CA

Listing date Dec 8, 2025

MLS# 219140000

Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This spacious 2,400 sq. ft commercial condominium features up to six private offices, a dedicated conference room, and a functional layout designed for professional use. The space includes two bathrooms, one of which has a shower. A separate IT/copy room provides organized infrastructure and operational efficiency. This property is well-suited for professional services, medical, legal, tech, or creative office users. It presents a turnkey opportunity for owner-users or investors in a well-maintained commercial building. The listing includes two units: 181 S. Civic Dr. #1 and 185 S Civic Dr. #2, each 1200 sq feet, for a total of 2400 sq. feet. The property is available furnished. The lot size is 0.0273 acres. The property is located in Palm Springs, CA.

Key Highlights

  • Spacious 2,400 sq. ft commercial condominium suitable for various professional uses.
  • Turnkey opportunity for owner‑user or investors.
  • Includes up to six private offices and a dedicated conference room.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $55.0k $22.92
− Vacancy −$4.7k −$1.97
EGI $50.3k $20.95
− OpEx −$12.6k −$5.24
NOI $37.7k $15.71
2,400 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$538.7K
$471.4K – $628.5K (±1% cap)
NOI $37,708 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K (±1% cap)
NOI $50,330 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Nail Salon Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Hair Salon Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 2,400 sq ft commercial condominium ideal for professional services.
Where is this office units located?
The property is located at 181 S Civic Drive Palm Springs, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Spacious 2,400 sq. ft commercial condominium suitable for various professional uses.; Turnkey opportunity for owner‑user or investors.; Includes up to six private offices and a dedicated conference room.
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More about this property
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