73338 Highway 111 Palm Desert, CA 92260
Prime commercial property on Highway 111 with high income potential.
Type:Commercial
Property size:
5,582 SFLot size:
0.19 Acres- Added:
- Apr 15, 2025
- Days on Market:
- 372
- Last Refresh:
- Apr 5 at 8:21 pm
Property Features for 73338 Highway 111
General Information
- Standard status
- Active
- Size
- 5,582 SF
- Lot size
- 0.19 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2021
Listing agent JONATHON WILLIAMS License #02220679
Listing office EXP REALTY OF GREATER LOS ANGELES, INC. (888) 584-9427
Listing date Apr 15, 2025
Source Corcoran
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 EXP REALTY OF GREATER LOS ANGELES, INC.
Overview
Palm Desert Commercial Investment Gem
Located on Highway 111 in Palm Desert, CA, this commercial property offers an investment opportunity. Renovated in 2021, the property includes a total of 7 units spanning 5,582 square feet. A 3,470 square foot high-end private club, exclusively tailored for elite members, is also part of the property. The location is generating over $20,000 per month in rent at full capacity. The property's position on Highway 111 provides visibility and accessibility for customers and tenants. The Disney "Cotino" 618-acre resort project is located 4 miles away, and the Coachella festival grounds are 5 miles away. The Indian Wells Golf Course is 2 miles distant. The property offers flexibility for owner-occupiers or investors seeking rental income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Palm Desert
- County
- Riverside
- State
- California
- Longitude
- -116.386
- Latitude
- 33.7218
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Prime commercial property on Highway 111 with high income potential.
Where is this mixed-use property located?
The property is located at 73338 Highway 111 Palm Desert, CA.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Prime location on Highway 111 in Palm Desert, the 'Rodeo Drive of the Desert,' offering excellent visibility and accessibility.; Substantial income potential: currently generating over $20,000 per month in rent at full capacity.; Recently renovated in 2021, minimizing immediate capital expenditure.
