353 S Palm Canyon DR new

Palm Springs,CA 92262

$ 3250000

- Bed

0 Bath

5927 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,927 sqft

Price per Sqft $548

MLS Listing ID 219120206

HOA Y/N No

Year Built 1992

Lot Size 0.370 Acres

Property Description

Exceptional property and Downtown Palm Springs location. No land lease, Fee Simple. ownership. Two story structure including a private off street parking lot and elevator. Highly upgraded Dispensary on the main floor and Cannabis Lounge on the second floor. All office / Retail leasing options available. Owner / Tenant will vacate at closing. Cannabis license can be assigned to a new qualified buyer, no fees due to seller regarding this transfer to continue present use. Commercial Financing options are available but limited for its current use. Private financing possible with a substantial downpayment in excess of 50%. Highly upgraded with newer mechanical systems, high end interior and exterior improvements, upgrades and finishes. Expansive outdoor space with exceptional mountain and city views. Excellent visibility, ADA compliant. Contact listing agent for Projected income and expense summary. Restricted access must contact listing agent for showing appointments. Please DO NOT disturb tenant.

Location

State CA

County Riverside

Area 332 - Palm Springs Central

Interior

Heating Central,Forced Air

Building

Story 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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