Upgraded Cannabis Property with
For Sale
$2,950,000
353 S Palm Canyon Dr, Palm Springs, CA 92262
Two-story commercial property with a dispensary, cannabis lounge, elevator, and private off-street parking.
Property SizeContact for details
Days on Market48
Property Features for 353 S Palm Canyon Dr
General Information
Standard status
Active
Listing Agency:
Realty Trust
(760) 333-7578
Listed By:
Scott Timberlake · License #01257645
(760) 333-7578
Source:
Exprealty
Added: Jun 26
Changed: Aug 11
Last Checked: Aug 11 at 12:57PM
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 Realty Trust
Investment Insights
Based on property information with market context.
This fee-simple, two-story cannabis property includes a highly upgraded dispensary on the ground floor and a cannabis lounge above. The building features an elevator, ADA-compliant access, newer mechanical systems, and extensive interior and exterior improvements. A private off-street parking lot and expansive outdoor area are also included, with mountain and city views from the site.
The property is positioned on S Palm Canyon Dr in Downtown Palm Springs and offers strong street visibility. The existing cannabis license may transfer with the sale, and the owner or tenant is expected to vacate at closing. The building can also accommodate office or retail leasing options. Showings require advance coordination because access is restricted.
The property is positioned on S Palm Canyon Dr in Downtown Palm Springs and offers strong street visibility. The existing cannabis license may transfer with the sale, and the owner or tenant is expected to vacate at closing. The building can also accommodate office or retail leasing options. Showings require advance coordination because access is restricted.
Key Highlights
- Fee‑simple ownership with no land lease
- Two‑story layout with dispensary and cannabis lounge
- Transferable cannabis license; no new licenses issued until after 12/31/2027
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 92262, CA
26,593
Population
19,940
Households
1.3
Avg Household Size
54
Median Age
42%
College-Educated
93%
High-School Grad
35.1 sq mi
ZIP Area
758
Density / Sq Mi
$70,514
Median Household Income
$42,940
Median Earnings
$1,420
Median Rent
$600,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Two-story commercial property with a dispensary, cannabis lounge, elevator, and private off-street parking.
Where is this cannabis property located?
The property is located at 353 S Palm Canyon Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Fee‑simple ownership with no land lease; Two‑story layout with dispensary and cannabis lounge; Transferable cannabis license; no new licenses issued until after 12/31/2027
