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$ 4,500,000
Est. payment /mo
Active
369 N Palm Canyon DR Palm Springs, CA 92262
6,388 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 6,388 sqft
Price per Sqft $704
MLS Listing ID 219126620
HOA Y/N No
Year Built 1940
Lot Size 0.450 Acres
Property Sub-Type Business
Property Description
Excellent downtown Palm Springs location with off street parking. Across the street from the new Thompson Resort, this historic Restaurant and Bar Venue is available for Sale or Lease. Large Kitchen, multiple dining areas inside and out. Over 6,000 sf of space can be separated into 2 businesses, upstairs and downstairs. One of the largest outdoor patio spaces with an iconic outdoor bar and swinging bench seats for dining and watching the tourists walk by. ADA elevator to the 2nd floor with a full bar, front deck, overlooking Palm Canyon and a rear open deck space with exceptional San Jacinto Mountain views overlooking the O'Donnell private Golf Course and Club.
Large capacity walk-in refrigerators and freezer space. ADA restrooms and off-street parking. Also adjacent to another large public parking lot for additional guests. The 1940 property is currently on the Historic Register known as the General Telephone Building. As part of the Mills Act, the property taxes are significantly reduced to minimize CAM charges and Fees. Currently vacant, unlimited possibilities exist for a new owner-user and/or tenant. Rare opportunity to own or lease one of the largest downtown restaurant sites in Palm Springs.
Large capacity walk-in refrigerators and freezer space. ADA restrooms and off-street parking. Also adjacent to another large public parking lot for additional guests. The 1940 property is currently on the Historic Register known as the General Telephone Building. As part of the Mills Act, the property taxes are significantly reduced to minimize CAM charges and Fees. Currently vacant, unlimited possibilities exist for a new owner-user and/or tenant. Rare opportunity to own or lease one of the largest downtown restaurant sites in Palm Springs.
Location
State CA
County Riverside
Area 332 - Palm Springs Central
Interior
Heating Central, Forced Air, Zoned
Building
Lot Description Landscaped
Others
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Special Listing Condition Standard
Virtual Tour https://show.tours/e/Zzmbt54
Listed by Luca Realty Trust, Inc.