- $1M Price
- .64 Acres
- 38 DOM
12155 Palm Drive
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.
Essential Information
- MLS® #219144789DA
- Price$1,049,000
- Bathrooms0.00
- Acres0.64
- TypeCommercial Sale
- StatusActive
Community Information
- Address12155 Palm Drive
- Area340 - Desert Hot Springs
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Additional Information
- Days on Market38
Listing Details
- AgentJames Guillermo
- OfficeKW Coachella Valley
Price Change History for 12155 Palm Drive, Desert Hot Springs, (MLS® #219144789DA)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,119,000 to $1,049,000 |
James Guillermo, KW Coachella Valley.
Based on information from California Regional Multiple Listing Service, Inc. as of April 20th, 2026 at 5:31pm PDT. 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. 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, 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.