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12155 Palm Drive

Desert Hot Springs, CA 92240
  • $1,049,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 219144789
Price Reduced
UPDATED: 40 min ago
$1,049,000
  • 0
    BEDS
  • 0.64
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

High Visibility Commercial Investment Opportunity - Income ProducingPrime commercial property with excellent visibility and strong upside potential. This well-located building offers investors or owner-users the opportunity to acquire a versatile multi-tenant property priced below replacement cost and at one of the lowest price-per-square-foot opportunities in the area.The property was previously occupied by World Gym and a sunglass retailer and is designed to support a variety of commercial uses including fitness, retail, showroom, office, or specialty service businesses.One unit is currently leased and generating rental income, while the remaining space provides an opportunity for owner occupancy or additional lease-up income.Investment Highlights High-visibility commercial location with excellent exposure Income producing property with current tenant in place Large 27,878 SF lot with ample on-site parking 10,000 SF building under roof 37 on-site parking spaces Flexible zoning allowing multiple commercial uses Priced below replacement cost One of the lowest price-per-square-foot opportunities in the area Value-add potential through lease-up or repositioningProperty DetailsLot Size: +/-27,878 SFBuilding Size: +/-10,000 SFParking: 37 spacesCurrent Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass RetailerAdditional Parcel: APN 641-042-048OpportunityThe former gym space is currently vacant and no longer contains weight equipment, providing a blank canvas for a new tenant or owner-user concept. With strong visibility, significant parking, and flexible use potential, the property is ideal for: Fitness or training facility Retail or showroom Medical or wellness use Office or professional services Multi-tenant investment property This is a rare opportunity to acquire a well-located commercial property with existing income and significant upside potential. Perfect for investors seeking cash flow or business owners looking for a highly visible location to operate their business.Contact for pricing and additional details.

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©2026 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KW Coachella Valley. Based on information from the California Desert Association of Realtors as of 2026-04-10T21:35:22.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
www.kwcoachellavalley.com/homes/174092889
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12155 Palm Drive Desert Hot Springs, CA 92240

  • Price: $1,049,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 40 min ago
  • MLS #: 219144789
0
Beds
0
Baths
0
½ Baths
0.64
Acres
Neighborhood:
340 - Desert Hot Springs
County:
Riverside
Area:
340 - Desert Hot Springs
Property Description
High Visibility Commercial Investment Opportunity - Income ProducingPrime commercial property with excellent visibility and strong upside potential. This well-located building offers investors or owner-users the opportunity to acquire a versatile multi-tenant property priced below replacement cost and at one of the lowest price-per-square-foot opportunities in the area.The property was previously occupied by World Gym and a sunglass retailer and is designed to support a variety of commercial uses including fitness, retail, showroom, office, or specialty service businesses.One unit is currently leased and generating rental income, while the remaining space provides an opportunity for owner occupancy or additional lease-up income.Investment Highlights High-visibility commercial location with excellent exposure Income producing property with current tenant in place Large 27,878 SF lot with ample on-site parking 10,000 SF building under roof 37 on-site parking spaces Flexible zoning allowing multiple commercial uses Priced below replacement cost One of the lowest price-per-square-foot opportunities in the area Value-add potential through lease-up or repositioningProperty DetailsLot Size: +/-27,878 SFBuilding Size: +/-10,000 SFParking: 37 spacesCurrent Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass RetailerAdditional Parcel: APN 641-042-048OpportunityThe former gym space is currently vacant and no longer contains weight equipment, providing a blank canvas for a new tenant or owner-user concept. With strong visibility, significant parking, and flexible use potential, the property is ideal for: Fitness or training facility Retail or showroom Medical or wellness use Office or professional services Multi-tenant investment property This is a rare opportunity to acquire a well-located commercial property with existing income and significant upside potential. Perfect for investors seeking cash flow or business owners looking for a highly visible location to operate their business.Contact for pricing and additional details.
Exterior Features

Total Parking Spaces 0.00

Property Features

Cross Streets Palm Drive Financing Details CashPrivate Financing AvailableOwner May Carry Listing Terms Cash Property Sub Type Retail Sale Type Standard

Listing information © 2026 California Desert Association of Realtors.
Listing provided courtesy of James Guillermo of KW Coachella Valley: (760) 669-2969.
©2026 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or KW Coachella Valley. Based on information from the California Desert Association of Realtors as of 2026-04-10T21:35:22.177. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

Licensed in the State of California, USA
 
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