44267 Monterey Ave Palm Desert, CA 92260

This two-story, 5,593-square-foot Class B office building in Palm Desert, CA, is available for sale at $1,250,000. Built in 1987, the property sits on a 0.34-acre lot in the OP zoning district and features two units, currently occupied by a single tenant with a lease expiring August 31, 2023. The building offers a gross lease structure and includes 18 designated parking spaces, accessible from both north and south entrances on Monterey Avenue. The interior boasts a flexible layout suitable for multiple tenants or a single user, encompassing a reception area, numerous offices, storage rooms, restrooms, and a kitchenette. The approximately 2,600 square feet on the first floor and 1,800 square feet on the second floor provide ample space for a variety of professional or medical uses. This highly visible and accessible property presents a compelling owner-user opportunity or an attractive investment prospect, given its prime location and potential for future income generation. The price per square foot is $223.49. The property is located at 44267 Monterey Ave, Palm Desert, CA 92260.