12155 Palm Drive, Desert Hot Springs, CA 92240
$1,049,000
Property Type:
Commercial Sale
Square Footage:
10,000
Status:
Active
Current Price:
$1,049,000
List Date:
3/14/2026
Last Modified:
4/07/2026
Description
High Visibility Commercial Investment Opportunity - Income Producing
Prime 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 repositioning
Property Details
Lot Size: ±27,878 SF
Building Size: ±10,000 SF
Parking: 37 spaces
Current Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass Retailer
Additional Parcel: APN 641-042-048
Opportunity
The 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.
More Information MLS# 219144789
Listing, Location and Property Info
Entry Date: 2026-03-13
Business Type
Arts and Entertainment: 1
Athletic: 1
Health Services: 1
Professional/Office: 1
Retail: 1
Shopping Center: 1
Specialty: 1
Sale Type
Standard: 1
Listing Terms
Cash: 1
Financing
Cash: 1
Owner May Carry: 1
Private Financing Available: 1
Disclosures
Other: 1
Listing Location and Property Info
APN: 641042047
Status: Active
Listing Date: 2026-03-13
Original List Price: 1119000
List Price: $1,049,000
Current Price: $1,049,000
Property Sub-Type: Retail
Street #: 12155
Street Name: Palm
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92240
Area: 340 - Desert Hot Springs
Country: US
General Property Information
Approx SqFt: 10000
SqFt Source: Assessor
Lot Size: 27878
Cross Streets: Palm Drive
Status Change Info
Status Change Date: 2026-03-13
Property Features
Business Type: Arts and Entertainment; Athletic; Health Services; Professional/Office; Retail; Shopping Center; Specialty
Sale Type: Standard
Financing: Cash; Owner May Carry; Private Financing Available
Listing Terms: Cash
Disclosures: Other
Listing Office:
KW Coachella Valley
Listing Agent:
James Guillermo
Last Updated: April - 07 - 2026
Information deemed reliable but not guaranteed.