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296 S Palm Canyon Dr 15,000 SF Vacant Retail Building Palm Springs, CA 92262 $5,388,748 CAD ($359.25 CAD/SF)
Investment Highlights
- Amazing corner location
- Tons of natural light from skylights
- Free Parking Structure Directly behind building
Executive Summary
This is your opportunity to acquire a prominent retail building situated in the heart of Palm Springs. Previously a bank building and a cannabis lounge known as 420 Bank, this property is ideally located on the historic S. Palm Canyon Drive in Palm Springs, California. It is well-suited for a diverse range of uses, including dispensaries or lounges, nightclubs, country western bars, professional or medical offices, and more.
The ownership is open to negotiating terms, including the use of the property, its price per square foot, and any other relevant conditions proposed.
The ownership is open to negotiating terms, including the use of the property, its price per square foot, and any other relevant conditions proposed.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built
1985
Price
$5,388,748 CAD
Price Per SF
$359.25 CAD
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
0.75
Lot Size
0.46 AC
Zoning
C1
Parking
43 Spaces (2.87 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Corner Lot
- Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 513-154-040 | Improvements Assessment | $1,500,164 CAD |
| Land Assessment | $636,316 CAD | Total Assessment | $2,136,481 CAD |
Property Taxes
Parcel Number
513-154-040
Land Assessment
$636,316 CAD
Improvements Assessment
$1,500,164 CAD
Total Assessment
$2,136,481 CAD
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296 S Palm Canyon Dr
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