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33763793
33763806

12155 Palm Drive, Desert Hot Springs, CA 92240

JG
CA 01483719
Equity Union Real Estate
Listed by Equity Union Real Estate
$949,900
4 days on market
Updated 4 days ago
Opportunity zone

12155 Palm Drive

Details
Property Type Retail, Office (+1)
Sub Type Shopping Center, Grocery Store (+1)
Square Footage 10,000
Net Rentable (SqFt) 10,000
Year Built 1992
Zoning Commercial Building
Parking Spaces 37 spaces
Parking Per SqFt 3.70
Ground Lease No

Retail | 10,000 SqFt

Marketing description

igh Visibility Commercial Investment Opportunity - Income Producing Prime 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 repositioning Property Details Lot Size: ±27,878 SF Building Size: ±10,000 SF Parking: 37 spaces Current Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass Retailer Additional Parcel: APN 641-042-048 Opportunity The 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.

Investment highlights

igh Visibility Commercial Investment Opportunity - Income Producing Prime 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 repositioning Property Details Lot Size: ±27,878 SF Building Size: ±10,000 SF Parking: 37 spaces Current Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass Retailer Additional Parcel: APN 641-042-048 Opportunity The 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.

Listing Contacts

JG
CA 01483719
Equity Union Real Estate
Listed by Equity Union Real Estate

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Zoning

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C-D CommercialSpecial CommercialDowntown Commercial
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Josh Jelmberg
License
02221153
Brokerage
Kw Coachella
Brokerage Phone
7606692969
Title
Broker of Record
Brokerage Address
74908 Highway 111 Indian Wells Ca 92210
Name
James Guillermo
License
01483719
Brokerage
KW Coachella
Brokerage Phone
7604491345
Title
Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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