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73338 Highway 111 Palm Desert, CA $ 3,295,000
73338 Highway 111
$ 3,295,000
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73338 Highway 111

Palm Desert, CA, 92260
$ 3,295,000
Bedrooms-- Baths7.0 Sq 5,582

Monthly Estimate*

$ 20,557

Listed by eXp Realty of Greater Los Angeles, Inc.
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Commercial Property for sale in Palm Desert, CA

for $3,295,000 with 7 full baths. This 5,582 square foot building was built in 2021 on a lot size of 0.19.

Introducing an extraordinary investment opportunity nestled on the prestigious Rodeo Drive of the Desert, 73338 Highway 111 in Palm Desert, CA. This commercial gem, renovated in 2021, offers a total of 7 units spanning 5,582 square feet, along with a newly minted 3,470 square foot high-end private club exclusively tailored for elite members. The property enjoys a privileged location, at full capacity, this property is generating over $20,000 per month in rent, amidst an exquisitely affluent community renowned for its opulence. Other units provide flexibility for owner-occupiers or savvy investors seeking rental income. With its prime position on Highway 111, the property ensures excellent visibility and accessibility for both customers and tenants, making it an ideal hub for businesses to attract clientele and expand operations. Furthermore, with Disney “Cotino” embarking on a monumental 618-acre resort project just 4 miles away and the vibrant Coachella festival grounds a mere 5 miles away, this locale pulsates with unparalleled energy and potential. Indian Wells Golf Course lies a mere 2 miles distant, adding to the allure of this prime location. Impeccably positioned for success, this property promises a lucrative venture for discerning investors seeking to capitalize on the thriving commercial landscape of Palm Desert. Don't miss this exceptional opportunity to acquire a highly sought-after commercial real estate asset. Schedule a viewing today to seize this extraordinary investment opportunity.

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Commercial Active

Price

$ 3,295,000

Full Bath

7

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.19

Year Built

2021

Town/City

Palm Desert

County/Region

Riverside

MLS | Web ID

SR25082009

Days on Market

242

Features
General
Heating Combination Central None
Cooling Central Air
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Natural Gas Connected Propane Phone Available Phone Connected Sewer Available Sewer Connected Underground Utilities Water Available Water Connected
Security Features Security System Closed Circuit Camera(s) Carbon Monoxide Detector(s) Fire Detection System Fire Sprinkler System Key Card Entry Smoke Detector(s) Security Lights
Construction Materials Aluminum Siding Brick Veneer Block Cement Siding Glass Metal Siding Concrete Plaster Stone Wood Siding
Year Built 2021
Property Subtype Retail
Business Type Accounting Arts and Entertainment Administrative and Support Aquarium Supplies Advertising Barber/Beauty Bar/Tavern/Lounge Church Commercial Food & Beverage Financial Franchise Fitness Government Health Food Hotel/Motel Hospitality Health Services Jewelry Live/Work Medical
County Riverside
Insurance Expense 4200
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Heading east on CA-111 take a left turn onto San Marcos Ave then make a right onto Palm Desert Drive.
City Palm Desert
Number Of Units Total 35
MLS Area 323 - South Palm Desert
Lot Size Units Square Feet
Lot Size Square Feet 8276
Number of Units Leased 7
Water Sewer Expense 3800
Additional Parcels Y/N 0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Retail
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Interior
Total Stories 1
Air Conditioning Y/N 1
Heating Y/N 0
Laundry Features None
Entry Level 1
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Exterior
Fencing Block Brick Excellent Condition
Lot Features 6-10 Units/Acre
Water Source Public
Lot Size Area 8276
Number of Buildings 1
Building Area Total 5582
Lot Size Acres 0.19
Lot Size Source Assessor
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* Excluded Features
List By
Exp Realty Of Greater Los Angeles, Inc.

Broker

jonathonwilliams777@protonmail.com

Email

Affordability Calculator

$20,557
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,557
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,295,000 Listed Price

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73338 Highway 111, Palm Desert, CA, 92260 is a Commercial Property for sale at $3,295,000 with 5,582 sqft and a lot size of 0.19. 73338 Highway 111 has 7.0 baths and was built in 2021. The property's zip code is 92260 which is in Palm Desert, CA