Commercial Condo Office
181 S Civic Drive Palm Springs, CA 92262
For Sale
$899,000
COMMERCIAL - Palm Springs, CA
Property Size2,400 SF
Lot Size0.03 Acres
Price / SF$374.58
Days on Market233
Property Features for 181 S Civic Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Open, Parking Lot
Standard status
Active
APN
502220001
Size
2,400 SF
Lot size
0.03 Acres
Building Details
Year built
1965
Roof type
Flat
Listing Agency:
Equity Union
(760) 621-0395
Listed By:
Campbell Crane Team
(760) 408-1876
Added: Dec 8, 2025
Changed: Jul 24
Last Checked: Jul 29 at 3:06PM
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 offering includes two commercial condominium units at 181 S Civic Dr. #1 and 185 S Civic Dr. #2, sold together for a total of 2,400 square feet. The space is arranged to support professional and office use, with up to six private offices, a dedicated conference room, and a separate IT/copy room. There are two bathrooms, including one with a shower, and the property is being offered furnished.
The units are located in Palm Springs, CA within Riverside County at APN 502-220-001 and 502-220-002. HOA dues are $400 per unit, for a total of $800 per month.
The layout provides multiple private rooms alongside shared meeting and support space, making it suitable for organizations that need both individual offices and a conference setting.
The units are located in Palm Springs, CA within Riverside County at APN 502-220-001 and 502-220-002. HOA dues are $400 per unit, for a total of $800 per month.
The layout provides multiple private rooms alongside shared meeting and support space, making it suitable for organizations that need both individual offices and a conference setting.
Key Highlights
- 2,400 SF total across two commercial condo units: 181 S.Civic Dr. #1 (1,200 SF) and 185 S Civic Dr. #2 (1,200 SF)
- Up to six private offices plus a dedicated conference room, with a functional office/clinical‑style layout
- Includes two bathrooms—one with a shower—and a separate IT/copy room
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
NOI $37,708 @ 7.0% cap · market cap 4.19%
Second Best
Healthcare Medical
$348.6K
$305.0K – $406.7K
NOI $24,402 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K
NOI $50,330 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Two connected commercial condominium units totaling 2,400 sq. ft offer up to six private offices and dedicated conference room space.
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: 2,400 SF total across two commercial condo units: 181 S.Civic Dr. #1 (1,200 SF) and 185 S Civic Dr. #2 (1,200 SF); Up to six private offices plus a dedicated conference room, with a functional office/clinical‑style layout; Includes two bathrooms—one with a shower—and a separate IT/copy room
