605 Riverside Dr Palm Springs, CA 92264
This meticulously preserved mid-century modern church building, located at 605 S Riverside Dr, Palm Springs, CA 92264, presents a unique investment opportunity. Boasting 6,096 square feet on a 30,492 square foot lot (APN 508-191-030), this exceptional property was originally constructed in 1956, with subsequent additions in 1961 and 1968, all designed by renowned Palm Springs architect Albert Frey. Expertly maintained, the building retains its historical charm and timeless architectural details, showcasing pristine condition. Offered for sale for the first time since its construction, this fee-simple ownership presents exciting possibilities for adaptive reuse. Permitted and conditional uses include churches, restaurants, private educational institutions, private clubs and lodges, museums, event/convention centers, and hotel/multifamily dwellings. The asking price is $2,000,000, translating to $328.08 per square foot. This is a rare chance to acquire a piece of Palm Springs architectural history with significant potential for a variety of commercial ventures. The property's prime location in Riverside County adds to its considerable appeal.
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First Church of Christ Scientist, Palm Springs Church
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.