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$2,950,000
128 Days On Site

353 Palm Canyon Drive
Palm Springs, CA 92262

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1992
Built
County:
Riverside
Listed by Scott Timberlake of Luca Realty Trust, Inc. [email protected]

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714-883-2943
353 Palm Canyon Drive353 Palm Canyon Drive353 Palm Canyon Drive353 Palm Canyon Drive
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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 transferred! NO NEW Licenses issued until after 12/31/2027.Commercial Financing options are available but limited for its current use. City planning to restrict / limit Palm Springs licenses in 2028, considering 10 as the limit. 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.

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Listing Snapshot
Price 
$2,950,000
Days On Site 
128 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.37 Acres
Year Built 
1992
MLS® Number 
219127527PS
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.37
Number Of Stories 
2
Parking Spaces 
20
Security 
PrewiredFire Sprinkler System
Special Circumstances 
Standard
Utilities 
Electricity Connected
Interior Features
Cooling 
Heating 
CentralForced Air
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Exterior Features
Lot Features 
Sprinklers In FrontNear Public Transit
Roof 
FlatTile
Community Features
Financing Terms Available 
CashConventional
MLS Area 
332 - Central Palm Springs


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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