664 668 Palm Canyon Drive, Palm Springs, CA, 92262

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$4,395,000
236 Days On Site

664 668 Palm Canyon Drive
Palm Springs, CA 92262

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1960
Built
County:
Riverside
Listed by Scott Timberlake of Realty Trust scottptimberlake@icloud.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
664 668 Palm Canyon Drive664 668 Palm Canyon Drive664 668 Palm Canyon Drive664 668 Palm Canyon Drive
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Monthly Payment (Est.)

$20,052
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Prime 100% Leased Investment Opportunity in the Heart of Palm Springs' Historic Uptown District. Located in one of Palm Springs' most desirable corridors, this impeccably maintained property offers exceptional visibility and charm. Dual Architecture, Mid Century Modern and Spanish, situated on a single tax lot with two distinct addresses. The offering includes: 668 Building - A striking Mid-Century Modern commercial space ideal for retail, office, or mixed use. 664 Building - A beautifully preserved Spanish-style property, home to the renowned and successful Jake's Restaurant boasting high foot traffic and excellent street frontage. In 2024 Jakes expanded its operation and a new fully renovated lobby, additional indoor seating, kitchen and restrooms. Off-street parking exclusively for tenants. This property is both functional and aesthetically unique. The 668 building features two common area restrooms on the second floor, while the ground-floor retail units each have private restrooms. Additional highlights include a fully paid solar system on the 668 building--enhancing sustainability and reducing operational costs. Currently under application for the Mills Act for a potentially significant property tax reduction. Fully occupied, please do not disturb tenants. Seller open to an exchange for an out of state Commercial property, Hotel or residential income property. Oregon preferred.

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Listing Snapshot
Price 
$4,395,000
Days On Site 
236 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1960
MLS® Number 
219142175PS
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
5 months agoPrice changed to $4,395,000
8 months agoListing first seen on site
General Features
Acres 
0.4
Carport 
6
Number Of Stories 
2
Parking Spaces 
17
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)Security Lights
Special Circumstances 
Standard
Utilities 
Electricity ConnectedUnderground Utilities
Interior Features
Cooling 
Heating 
CentralElectricForced Air
Laundry Features 
None
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Exterior Features
Lot Features 
LandscapedNear Public Transit
Roof 
CompositionFlatTile
Community Features
MLS Area 
332 - Central Palm Springs
Financing Terms Available 
CashConventional


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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