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Palm Springs Mixed-Use Opportunity

1059 N Palm Canyon Dr, Palm Springs, CA 92262

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For Sale

$1,550,000

Mixed-use property with redevelopment potential in prime Palm Springs location.

Type:Investment

HighLights

Prime location on highly trafficked North Palm Canyon Drive in Palm Springs.
Mixed‑use property with five apartment units and three commercial units.
100% vacant, offering immediate occupancy and repositioning potential.
Exceptional upside for owner/user or investor to add value through renovation.
Proximity to downtown Palm Springs' shops, dining, and entertainment.
Located in a vibrant retail corridor with strong foot traffic and excellent visibility.

We can help!

Listing Contact

Adam Gilbert

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For Sale

$1,550,000

Mixed-use property with redevelopment potential in prime Palm Springs location.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:07 pm

Property Features for 1059 N Palm Canyon Dr

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1952

We can help!

Listing Contact

Adam Gilbert

Listing agent Adam Gilbert License #01914157

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Adam Gilbert

HighLights

Prime location on highly trafficked North Palm Canyon Drive in Palm Springs.
Mixed‑use property with five apartment units and three commercial units.
100% vacant, offering immediate occupancy and repositioning potential.
Exceptional upside for owner/user or investor to add value through renovation.
Proximity to downtown Palm Springs' shops, dining, and entertainment.
Located in a vibrant retail corridor with strong foot traffic and excellent visibility.

Overview

Located on North Palm Canyon Drive, this mixed-use property in Palm Springs features five apartment units and three small commercial units. The property is 100% vacant and offers upside for an owner/user or investor seeking to reposition and add value. Situated in a vibrant retail corridor, the location benefits from foot traffic, visibility, and proximity to downtown Palm Springs' shops, dining, and entertainment. The commercial spaces are suitable for retail, office, or service uses, while the residential units offer income potential once renovated. The property needs some TLC, presenting an opportunity to customize and revitalize a mixed-use asset in one of Palm Springs' desirable corridors. The location has a bike score of 60, indicating it is bikeable, a walk score of 66, indicating it is somewhat walkable, and a transit score of 32, indicating some transit options are available. Endless possibilities for redevelopment, re-tenanting, and long-term hold in a premier location.

Location Intelligence

Current Use by Public Records

American Income Life Insurance Agency Alta Homecare Home Health Care Service Retro Etcetera Home Decor Store Mr. Nice Guy ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

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Local Demand

City: Palm Springs
County: Riverside
State: California
Longitude: -116.547062
Latitude: 33.8368185

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For sale
Mixed-use properties
CA
Palm Springs
92262
1059 N Palm Canyon Dr

What type of property is this?

Mixed-use property - Mixed-use property with redevelopment potential in prime Palm Springs location.

Where is this mixed-use property located?

The property is located at 1059 N Palm Canyon Dr Palm Springs, CA.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: Prime location on highly trafficked North Palm Canyon Drive in Palm Springs.; Mixed‑use property with five apartment units and three commercial units.; 100% vacant, offering immediate occupancy and repositioning potential.