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664 Palm Canyon Drive Palm Springs, CA $ 1,200,000
664 Palm Canyon Drive
$ 1,200,000
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664 Palm Canyon Drive

Palm Springs, CA, 92262
$ 1,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,486

Listed by Luca Realty Trust, Inc.
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Commercial Property for sale in Palm Springs, CA

for $1,200,000. This building was built in 1960 on a lot size of 0.4.

BUSINESS SALE. A cornerstone of hospitality in Palm Springs, Jake's figures prominently in the restaurant landscape of Palm Springs, located in a highly desirable part of Palm Canyon Drive in a thriving Uptown Design District with excellent foot-traffic and street frontage. Having recently undergone a major expansion, Jake's now features a series of contemporary dining rooms housed in an attractive historical Spanish style structure at the heart of which is a shimmering courtyard and attached lanai. For nearly two decades, Jake's has been a go-to for al fresco upscale American fare and is recognized annually by Open Table as one of the top 100 Al Fresco Dining Spots in the USA. With nearly a half million in recent upgrades, Jake's now benefits from: a host stand and charming new lobby, expanded front patio, new dining rooms with of-the-moment design, a significantly expanded kitchen, an additional restroom, and upgraded design finishes in the bar and restaurant-wide. Jakes's has an overall capacity of 142 seats, and enjoys a consistent year-on-year growth in business. Open for lunch, dinner, and brunch, diners come to Jake's again and again to experience inventive cuisine and hip ambiance.Together with the newly opened Thompson Hotel and upscale shopping destination, Jake's is at the center of all that is the new Palm Springs vibe. Revenue growth is clear and is a not to be missed opportunity for a new owner who will also benefit from an included 47 liquor license. Do NOT disturb Jake's staff. Shown by appointment only!

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.4

Year Built

1960

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

219133742PS

Days on Market

123

Features
General
HOA Fee 0
Year Built 1960
Business Name Jake's
County Riverside
Property Type Business Opportunity
Status Active
Directions From downtown Palm Springs head N on N Palm Canyon Drive. Property will be on the right south of Tamarisk Road.
City Palm Springs
MLS Area 332 - Central Palm Springs
Lot Size Units Square Feet
Lot Size Square Feet 17424
Lease Renewal Y/N 0
Standard Status Active
Ownership Type Corporation
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Interior
Total Baths 0
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Exterior
Total Parking 0
Inclusions FF&E List to be provided by Seller within 5 days of an accepted offer.
Lot Size Area 17424
Lot Size Acres 0.4
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* Excluded Features
List By
Luca Realty Trust, Inc.

Broker

lucarealtytrust@icloud.com

Email

Affordability Calculator

$7,486
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
--
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
11/25/2025$1,200,000 Listed Price

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664 Palm Canyon Drive, Palm Springs, CA, 92262 is a Commercial Property for sale at $1,200,000 with a lot size of 0.4. 664 Palm Canyon Drive was built in 1960. The property's zip code is 92262 which is in Palm Springs, CA