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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
Listing Office: Desert Pacific Properties
Listing Agent: Susan Harvey
Last Updated: May - 07 - 2026
Information deemed reliable but not guaranteed.

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Hi, I'm Darlene Harwick and I provide real estate service to buyers and sellers in the Palm Springs area.

Darlene Harwick
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