11940 Palm Drive, Desert Hot Springs, CA 92240
sale
$1,399,000
|
Other
Courtesy Of West Shores Realty
Welcome to 11940 Palm Dr a 5,328 SF building perched on the premiere corner of Palm & Pierson, the most visible intersection in Downtown Desert Hot Springs
This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You re in the right place and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival.
With 19 parking spaces, killer street presence, and a pro forma cap rate of 6.4%, this is a straight-up investor magnet in one of SoCal s fastest-growing retail and cannabis zones.
Fully approved for ALL cannabis uses retail, cultivation, distribution with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley ?? highlighting an emphasis on canna-tourism.
Offered at a competitive price, this corner lot opportunity is what investor s dreams are made of.
This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You re in the right place and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival.
With 19 parking spaces, killer street presence, and a pro forma cap rate of 6.4%, this is a straight-up investor magnet in one of SoCal s fastest-growing retail and cannabis zones.
Fully approved for ALL cannabis uses retail, cultivation, distribution with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley ?? highlighting an emphasis on canna-tourism.
Offered at a competitive price, this corner lot opportunity is what investor s dreams are made of.
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Property Features
- Age: 31-40 Years Old
- Architecture Style: Other
- MLSID: SB25151504
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