73993 Hwy 111, Palm Desert, CA 92260
$2,950,000
Property Type:
Commercial Sale
Square Footage:
9,506
Lot Size (sq. ft.):
11,761
Status:
Active
Current Price:
$2,950,000
List Date:
5/07/2026
Last Modified:
5/07/2026
Description
9,506 SF multi-tenant commercial building in the heart of Palm Desert. Ideal medical/professional building. Prime location at the signalized corner of Highway 111 and Portola Ave, with 54,071 average cars per day. Well-maintained property with covered parking onsite. High visibility with excellent signage. Close proximity to El Paseo, the Coachella Valley's premier luxury shopping and dining destination with businesses such as Gucci, Restoration Hardware, Louis Vuitton, Mastro's Steakhouse, Anthropologie, Apple, and more! Affluent demographics. The 6,000 SF lower level is on a month-to-month master lease which presents an ideal owner/user opportunity with high-quality tenants on the second level. *DO NOT DISTURB TENANTS* Call office for more information at (760) 360-8200 or Susan Harvey at (760) 250-8992.
More Information MLS# 219147555
Listing, Location and Property Info
Entry Date: 2026-05-07
Business Type
Professional/Office: 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Sale Type
Standard: 1
Business Info
Cooling: Yes
Office Type: Multi Tenant
Sale or Lease: Sale and Lease
Cap Rate: 2.78
Road Surface Type
Paved: 1
Listing Terms
Cash: 1
Financing
Cash: 1
Showing Access
Appointment w/List Office: 1
Lot Features
Corner Lot: 1
Landscaped: 1
Level with Street: 1
Parking Features
Additional Parking: 1
On Site: 1
Parking Lot: 1
Asset Class
Office: 1
Disclosures
CC & R: 1
Property As Is: 1
Heating
Central: 1
Search Tags
Medical/Dental: 1
Office/Retail: 1
Retail/Office: 1
Water
On Site: 1
Listing Location and Property Info
APN: 627222058
Status: Active
Listing Date: 2026-05-07
Original List Price: 2950000
List Price: $2,950,000
Current Price: $2,950,000
Property Sub-Type: Office
Street #: 73993
Street Name: Hwy 111
County: Riverside
State: CA
Zip Code: 92260
Area: 323 - Palm Desert South
Country: US
General Property Information
Approx SqFt: 9506
SqFt Source: Other
Lot Size: 11761
Lot Acres: 0.27
Lot Size Source: Assessor
Year Built: 2000
Status Change Info
Status Change Date: 2026-05-07
Property Features
Business Type: Professional/Office
Sale Type: Standard
Financing: Cash
Listing Terms: Cash
Showing Access: Appointment w/List Office
Lot Features: Corner Lot; Landscaped; Level with Street
Parking Features: Additional Parking; On Site; Parking Lot
Asset Class: Office
Road Surface Type: Paved
Heating: Central
Search Tags: Medical/Dental; Office/Retail; Retail/Office
Water: On Site
Utilities: Electricity Connected; Sewer Connected; Water Connected
Disclosures: CC & R; Property As Is
Documents
Listing Office:
Desert Pacific Properties
Listing Agent:
Susan Harvey
Last Updated: May - 07 - 2026
Information deemed reliable but not guaranteed.
Brochure ›