CA > Palm Springs
Palm Springs, CA 92262,353 Palm Canyon DR
Palm Springs, CA 92262,353 Palm Canyon DR
Palm Springs, CA 92262,353 Palm Canyon DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sat
6
Dec
Sun
7
Dec
Mon
8
Dec
Chris Sloan

Chris Sloan

+1(858) 330-6289
$2,950,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219127527PS

HOA Y/N No

Year Built 1992

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 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.

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Heating Central, Forced Air

Inclusions Retail and office leasing options possible. Tenant will vacate at closing. Sale includes Cannabis License at no additional cost due to the Seller. Any other costs associated with license transfer are at the sole responsibility of the qualified Buyer.

Fireplace No

Exterior

Utilities Available Electricity Connected

Roof Type Flat,Tile

Total Parking Spaces 20

Building

Lot Description Sprinklers In Front, Near Public Transit, Sprinklers Timer, Sprinkler System

Story 2

Others

Tax ID 513203017

Security Features Prewired,Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Scott Timberlake Realty Trust
Chris Sloan

REALTOR® Chris Sloan works all areas of San Diego real estate and adjacent areas in Southern California-from single family homes to multi-unit residential, investment properties, land, and commercial buildings.

 

He’s adept at helping buyers and sellers with traditional equity transactions, short sales, probate, trust sales, foreclosures, corporate transactions, and exchanges

+1(858) 330-6289

info@sandiegopropertysearch.com

Let's talk about this property

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Chris Sloan, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Tour this home

353 Palm Canyon DR

QUICK SEARCH
There are 30 quick searches