$949,900

Sold

5 months ago

12155 Palm Dr, Desert Hot Springs, CA

Name: 12155 Palm Dr, Sold in Desert Hot Springs - eXp Realty
Brand: KW Coachella Valley
SKU: 219144789DA
Price: 949900 USD

House

MLS® 219144789DA

Buyer represented by MONIQUE HUGHES of EAGLE ONE REAL ESTATE INC.

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes

Lot Size 0.64 Acres

Approx. Age

MLS® Number 219144789DA

Property Address: 12155 Palm Dr, Desert Hot Springs, CA, 92240-3956

Average square foot calculated using Size range provided by listing agent.

Description

High Visibility Commercial Investment Opportunity - Income ProducingPrime 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 repositioningProperty DetailsLot Size: +/-27, 878 SFBuilding Size: +/-10, 000 SFParking: 37 spacesCurrent Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass RetailerAdditional Parcel: APN 641-042-048OpportunityThe 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.

MLS® Number219144789DA

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

Jul 30, 2026End Date

$875,000Sold Price

Sold

Mar 13, 2026List Date

$949,900List Price

Commute

Commute

Starting Address

Destination Address

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