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Mixed-Use Property with Dual Architecture
For Sale
$4,395,000

668 Palm Canyon Dr, Palm Springs, CA 92262

Fully leased commercial property combines retail, office, and restaurant space with tenant-only parking in Palm Springs.

Property SizeContact for details
Days on Market125

Property Features for 668 Palm Canyon Dr

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Amenities

solar system

Building Details

Year Built 1960
Buildings 2
Listing Agency: Realty Trust
Listed By: Scott Timberlake · License #1257645
Source: Elliman
Added: Apr 29 Changed: Aug 30 Last Checked: Aug 30 at 10:03PM

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.

Built in 1960, this mixed-use property occupies a single tax lot with two distinct addresses and two complementary buildings. The 668 building presents Mid-Century Modern architecture with ground-floor retail units, second-floor common-area restrooms, and a fully paid solar system. The 664 building features Spanish-style architecture and houses Jake's Restaurant, which expanded in 2024 to include a renovated lobby, more indoor seating, an enlarged kitchen, and additional restrooms. Ground-level retail spaces have private restrooms, while off-street parking is reserved for tenants.

The property is fully leased and located at 668 Palm Canyon Dr in Palm Springs’ Historic Uptown District. Walk Score is 59, Bike Score is 42, and Transit Score is 32. The property is currently under application for the Mills Act.

Key Highlights

  • Two buildings on one tax lot with two distinct addresses
  • 668 building offers Mid‑Century Modern design, retail space, and a fully paid solar system
  • 664 building features Spanish‑style architecture and houses Jake's Restaurant

Property Analytics

Current Use

Anderson Childrens Foundation Charitable Organization Desert Clocks Big Box & Wholesale Store Rubine Red Gallery Art Gallery J. Kenneth Fine ... Art Gallery MODERNIST Frame & Design (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Storage Facility Auto Parts Store (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,228
Businesses Nearby

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased commercial property combines retail, office, and restaurant space with tenant-only parking in Palm Springs.
Where is this mixed-use property located?
The property is located at 668 Palm Canyon Dr Palm Springs, CA.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: Two buildings on one tax lot with two distinct addresses; 668 building offers Mid‑Century Modern design, retail space, and a fully paid solar system; 664 building features Spanish‑style architecture and houses Jake's Restaurant
More about this property
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