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$3,999,900
2 Days On Site

74090 El Paseo 101
Palm Desert, CA92260

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
1978
Built
County:
Riverside
Listed by Richard MacMillan of Equity Union [email protected]
Call Now: 916.218.4500
Is this the listing for you? We can help make it yours.
916.218.4500
74090 El Paseo 10174090 El Paseo 10174090 El Paseo 10174090 El Paseo 101
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Monthly Payment (Est.)

$18,249
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A Rare El Paseo Development & Investment Opportunity Located on world-famous El Paseo, this exceptional offering consists of 3 APNs (zone of D & D-O) inclusive of an existing 12,870 SF office property together with one of the few remaining buildable parcels along Palm Desert's most prestigious commercial corridors.The property enjoys highly desirable south-facing frontage on El Paseo, providing outstanding visibility, exposure, and access along the Desert's luxury retail, dining, and professional services. The northern portion of the property fronts Highway 111, one of the Coachella Valley's primary commuter and commercial arteries, benefiting from traffic counts exceeding approximately 30,000 plus vehicles per day The existing two-story office building provides immediate occupancy and income potential while the vacant front parcel offers a unique opportunity to create a retail location, signature office, or medical practice on one of Southern California's most sought-after business locations. Conceptual building renderings envision an approximate 2,500 SF building footprint capable of supporting up to 4,000 SF of additional two-story retail, office or medical space, subject to buyer verification and City approvals.Surrounded by luxury retailers, fine dining establishments, resorts, and professional services, this offering presents a rare combination of current utility and future development potential. Whether utilized as a professional office headquarters, medical practice, owner-user property, investment asset, or redevelopment opportunity, this site offers flexibility rarely found on El Paseo.Property HighlightsExisting 12,870 SF professional office building.Rare additional buildable parcel on El Paseo.South-facing frontage on El PaseoNorth-side frontage and visibility from Highway 111.Potential +/-2,500 SF building footprintwith +/-4,000 SF two-story expansion (buyer to verify)Dedicated on-site parking serving both buildings.Premier Palm Desert locationIdeal for mixed use, investment, or owner-user opportunitiesSignificant long-term value-add potentialWorld-class location. World-class visibility.World-class potentialOpportunities to acquire a property with existing improvements, future development potential, dual-corridor exposure, and an iconic El Paseo address are extraordinarily rare. This is a chance to create a landmark property in a landmark location. Call for details

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Listing Snapshot
Price 
$3,999,900
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.47 Acres
Year Built 
1978
MLS® Number 
219149159DA
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.47
Building Features 
Elevators
Number Of Stories 
2
Special Circumstances 
Standard
Interior Features
Heating 
Central
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Community Features
MLS Area 
323 - South Palm Desert


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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