3255 Tahquitz Canyon Way, Palm Springs, CA 92262
This exceptional opportunity presents a fully operational, debt-free cannabis dispensary and retail storefront in Palm Springs, CA. The 2,200 square foot facility boasts a prime location with 8 assigned parking spaces plus ample street parking. Included in the $1,050,000 asking price is the real estate, independently appraised at $1 million, offering significant value. All assets, including an established book of business and a retail storefront license with delivery capabilities, are included in the sale. There is no pending litigation or liabilities, making this a truly turnkey operation. The business benefits from a recently reduced retail cannabis tax in Palm Springs (now 5%). This presents a low-risk, high-potential investment with immediate revenue generation. The monthly rent is $5,000. Serious inquiries only
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Superior Court of California, County of Riverside - Palm Springs Courthouse City Courthouse County Government Office
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Riverside County Probation Probation Office
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Riverside County Superior Ct County Government Office
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Superior Court of Calif. County of Riverside Courthouse
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.