±5,000 SF Storefront For Sale 74210 Highway 111 Local commercial 465 m² Inoccupé À vendre Palm Desert, CA 92260 1 514 275 € (3 259,90 €/m²)

74210 Highway 111 offers a rare opportunity to acquire a well-positioned, ±5,000 SF freestanding retail/office building in the heart of Palm Desert’s highly sought-after Downtown Edge District. Originally constructed in 1985 and situated on approximately 13,503 SF of land, the property sits just off the signalized intersection at El Paseo, enjoys prominent Highway 111 frontage with ±96 feet of visibility and dual access via front and rear parking lots.
The building offers both physical flexibility, financial flexibility, and future development flexibility. Currently comprising two suites — ±3,000 SF owner-occupied space (to be delivered vacant) and ±2,000 SF leased on a month-to-month basis to a long term tenant, offering immediate income with value-add potential. The private gated rear parking lot includes 19 dedicated surface spaces (parking ratio of ±3.8/1,000 SF), and the property’s favorable zoning may allow for future vertical expansion or mixed-use redevelopment opportunities.
Its wood-frame construction, street-level visibility, and proximity to premier retail destinations such as El Paseo make this an ideal asset for both owner-users and investors seeking a stable foothold in the Coachella Valley.