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    266 Palm Canyon Dr Palm Springs, CA 92262

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    For Sale
    $4,699,995

    Prime downtown location with reliable rental income.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 24 at 4:07 pm

    Property Features for 266 Palm Canyon Dr

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1981

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    Listing Contact
    James Bianco
    James Bianco

    Listing agent James Bianco License #01954998

    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 James Bianco


    Overview

    Iconic Palm Springs Entertainment Venue

    This property presents an opportunity to own a building in downtown Palm Springs. The Village, established in 1996, has been a part of the city's entertainment scene. It was designed as a high-energy venue, offering dining, entertainment, and nightlife, with food service, entertainment, and dancing until 2 a.m. seven nights a week. The Village has adapted under management and remains a venue for dining, drinks, and dancing. The property benefits from visibility and foot traffic in downtown Palm Springs. It is located near tourist attractions, hotels, and shopping and dining venues. The property is currently occupied by a business, generating a lease income of $29,400 per month, or $352,800 annually, with a cap rate of 6.26%. Annual lease increases of 5% will result in a 10.4 cap by year 9. The bike score is 74, indicating it is very bikeable. The walk score is 54, indicating it is somewhat walkable. The transit score is 33, indicating some transit is available.
    Location Intelligence

    Current Use by Public Records

    The Village Palm Springs Bar & Pub Main Street Palm ... Shopping Center & Mall

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • 1501 Uptown gastropub 1501 N Palm Canyon Dr, Palm Springs, CA 92262
    • Tailor Shop 140 W Vía Lola Unit A, Palm Springs, CA 92262
    • hyphen- Wine Shop & Lounge 1007 N Palm Canyon Dr, Palm Springs, CA 92262
    • License to Chill 1600 N Indian Canyon Dr, Palm Springs, CA 92262
    • Bootlegger Tiki 1101 N Palm Canyon Dr, Palm Springs, CA 92262

    Location Insight

    • Map
    • Local Demand
    City
    Palm Springs
    County
    Riverside
    State
    California
    Longitude
    -116.5463787
    Latitude
    33.8200133

    FAQs

    What type of property is this?
    Bar & Pub - Prime downtown location with reliable rental income.
    Where is this bar & pub located?
    The property is located at 266 Palm Canyon Dr Palm Springs, CA.
    What is the asking price?
    The asking price for this property is $4,699,995.
    What are key features of this property?
    This property features: Prime downtown Palm Springs location with high visibility and foot traffic.; Established, iconic venue with a long history of success since 1996.; Currently leased with a successful business in place, generating $29,400 monthly rental income ($352,800 annually).
    More about this property
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