577 Sunny Dunes Rd Palm Springs, CA 92264-7480

This exceptional retail storefront, located at 577 E Sunny Dunes Rd, Palm Springs, CA 92264, presents a rare investment opportunity. The 4,000 square foot building sits on a 0.21-acre lot (APN 508-163-003) and boasts 100% occupancy. Originally constructed in 1950 by renowned mid-century modern architect Howard Lapham, the property underwent a complete renovation in 2021, restoring its original charm while maintaining modern functionality. Situated in a highly desirable and eclectic area of Palm Springs, just south of downtown, this location benefits from advantageous zoning, including provisions for cannabis sales and consumption. The area is known for its diverse businesses, including antique malls, hardware stores, and restaurants. The property's prime location and recent renovation make it an ideal investment for discerning buyers seeking a strong return in a thriving Palm Springs market. The asking price is $1,500,000, translating to $375 per square foot. This one-story building offers significant potential for continued growth and profitability within a vibrant and evolving commercial landscape. The property's history, combined with its modern updates, creates a unique and attractive offering for investors.