73338 Highway 111, Palm Desert, CA 92260 | MLS SR24072286 | Listing Information | Berkshire Hathaway HomeServices Arizona Properties, Californ | Berkshire Hathaway HomeServices Arizona Properties, California Properties & Nevada Properties
FOR SALE
$3,850,000  

73338 Highway 111
Palm Desert, CA 92260

Retail, Business Opportunities
Commercial
5,582
Sq. Ft.
0.19
Acres Lot
Listing Agent: Jonathon Williams CalDRE: 02220679 - Segovia Real Estate Group
Introducing an extraordinary investment opportunity nestled on the prestigious Rodeo Drive of the Desert, 73338 Highway 111 in Palm Desert, CA. This commercial gem, renovated in 2021, offers a total of 7 units spanning 5,582 square feet, along with a newly minted 3,470 square foot high-end private club exclusively tailored for elite members. The property enjoys a privileged location, at full capacity, this property is generating over $20,000 per month in rent, amidst an exquisitely affluent community renowned for its opulence. Other units provide flexibility for owner-occupiers or savvy investors seeking rental income. With its prime position on Highway 111, the property ensures excellent visibility and accessibility for both customers and tenants, making it an ideal hub for businesses to attract clientele and expand operations. Furthermore, with Disney Cotino embarking on a monumental 618-acre resort project just 4 miles away and the vibrant Coachella festival grounds a mere 5 miles away, this locale pulsates with unparalleled energy and potential. Indian Wells Golf Course lies a mere 2 miles distant, adding to the allure of this prime location. Impeccably positioned for success, this property promises a lucrative venture for discerning investors seeking to capitalize on the thriving commercial landscape of Palm Desert. Don't miss this exceptional opportunity to acquire a highly sought-after commercial real estate asset. Schedule a viewing today to seize this extraordinary investment opportunity.
SR24072286
Retail, Business Opportunities, 1 Story
Riverside
2021
0.19 Acres
Public
1
Aluminum siding,Block,Brick Veneer,Cement plank,Metal,Stone
5,582 Sq. Ft.
Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Connected,Propane,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Underground Utilities,Water Av
1 Total
Detailed Room Information
Laundry
None
Interior Features
Cooling
Central Air
Heating
Other. None, Central.
Security
Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Key Card Entry,Smoke Detector(s),Security Lights
Exterior / Lot Features
Parking
0 Covered Parking Spaces.
Exterior
Metal, Stone, Aluminum, Brick Trim/Veneer, Block, Cement Plank
Fence
Block,Brick,Excellent Condition
Additional Exterior/Lot Features
6-10 Units/Acre.
Community Features
Security Features
Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Key Card Entry,Smoke Detector(s),Security Lights
Complex Features
Security System,Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Key Card Entry,Smoke Detector(s),Security Lights
Financial Considerations
627092026
Listing Agent: Jonathon Williams CalDRE: 02220679 - Segovia Real Estate Group
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