Palm Springs CA Commercial for Sale

ADDITIONAL INFORMATION

Welcome to North Palm Canyon & Vista Chino in Palm Springs! Most locals would consider this The True Beginning of the Downtown Palm Springs Strip. This Prime Commercial property is zoned as C1, consists of a 6,970 SF lot with two modernized structures. The West facing unit fronts the world-renowned North Palm Canyon Drive with an inviting Wood Paneling Facade and a Dreamy Decorative tile touch; approx 828 SF approx. The second unit in the rear host similar Facade and tile features and is approx 1120 S.F. Both units are currently occupied by tenants with flexible lease terms ending in the near future. This is an Incredible Opportunity to join a prominent corner of North Palm Canyon with businesses such as Arrive Palm Springs, Sandfish Sushi & Whiskey, 1501 Uptown Gastropub & The Heyday. Interested in finding out more? Contact the listing agent for more information. Ian Lopez 760.408.9318

ADDITIONAL INFORMATION

We are proud to present The Bank, located at 296 S. Palm Canyon Drive and encompassing 16,200± square feet of beautifully appointed single-tenant retail in a 2-story building and currently 100% occupied by Four Twenty The Bank. Attractive Seller financing offered of 75% LTV & 5.0% interest only. The property is situated on 20,038± square feet of land in the city of Palm Springs, California, and was originally constructed in 1973 and recently extensively rehabbed with over $2 Million in capital improvements invested in property upgrades. These updates include replacement of all major systems, installation of fire protection system and both interior and exterior sprinklers just to name a few, and 100% interior remodel just to name a few. 296 Palm Canyon Drive is currently leased to Four Twenty The Bank one of the largest cannabis dispensaries in all of California. When entering the space, you first are greeted by an informal lobby that welcomes you into the impressive open floor plan. Immediately upon entering the space, you can’t help but notice the cathedral ceilings, exposing the architecturally designed rafters which are highlighted by the natural light of the skylights above, truly a site to see. In addition to the common area, the space offers 2 executive offices, and restrooms at either end, including additional storage room, as well as the original bank vault, which the tenant elected to keep and repurpose as a gaming room for customers. The upstairs, which can be accessed by either the stairs or elevator, has been completely reimaged and operates as create space for the tenant and their employees, which includes a large breakroom with a full kitchen, dedicated space for their operator's podcasting, several large lounges and gaming rooms as well as additional executive offices with access to the outdoor patios. The tenant is on a NNN lease with a monthly contract rent of $25,000 per month ($1.54/SF) which is substantially below the current market rate for the area. The lease calls for annual rent increases and provides (3) 3-year options to extend, with built-in escalations in rent. There is currently a temporary arrangement in place for a lesser rent to be paid. In addition, the property offers 44 reserved parking spaces in the adjoining city parking structure and per an agreement with the city and owner, there is the ability to acquire additional parking spaces as a nominal one-time cost.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

An exceptional opportunity awaits to acquire an established, highly profitable catering company serving the vibrant Coachella Valley region, including Palm Springs and surrounding areas. With a stellar reputation for quality, reliability, and innovation, this profitable business has successfully carved a niche in the competitive catering industry, standing out for its premium service and tailored offerings for a variety of events and clients. Business Overview Location: Coachella Valley, CA, near Palm Springs Industry: Catering and Event Services Financials: Consistently profitable with strong revenue growth year-over-year Client Base: Established, high-value client list with recurring contracts Inclusions: Type 47, full bar license Restaurant Operation: Next door to catering operation Seating Inside: 55 chairs Seating in Patio: 30 chairs Parking: Up to 300 spaces This well-established catering company has built a loyal customer base, including long-term clients and frequent referrals from satisfied customers. Known for its personalized approach, this company provides a wide range of services, including corporate catering, private events, large-scale festivals, weddings, and other special occasions. With its unique focus on customized menus and high-quality ingredients, this company is celebrated for creating memorable culinary experiences tailored to each client's needs.

ADDITIONAL INFORMATION

PROFESSIONAL OFFICE CONDO with large windows in three private offices. Nice views and wonderful lighting. Large conference room, lobby and secretarial area. Located in the heart of the Palm Springs business district, next to the courthouse, police station, and city hall.

ADDITIONAL INFORMATION

PROFESSIONAL OFFICE CONDO with large windows in three private offices. Nice views and wonderful lighting. Large conference room, lobby and secretarial area. Located in the heart of the Palm Springs business district, next to the courthouse, police station, and city hall.

ADDITIONAL INFORMATION

This very needed Shadow Box company is a great investment for a business person that is looking to carry a stable and direct contract to sustain long term business and business security. This company has a great relationship and a contract with the United States Marine Corp. They have sustained this business with them as the lead account they service. So if this is a business that you know will fit you and bring you opportunity then please come and take a look at what years of hard work has established. The machines, equipment and inventory sustained by the current owner are all included in this sale.