707-745 N Palm Canyon Drive Palm Springs, CA $ 4,400,000
707-745 N Palm Canyon Drive
$ 4,400,000
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707-745 N Palm Canyon Drive

Palm Springs, CA, 92262
$ 4,400,000
Bedrooms-- Baths-- Sq 8,830

Monthly Estimate*

$ 27,092

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Commercial Property for sale in Palm Springs, CA

for $4,400,000. This 8,830 square foot building was built in 1962.

Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this ±8,830SF retail/restaurant building with large private parking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, this architecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants—the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery—this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's most trafficked corridors. Their tenancy offers a combination of stability and upside.

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Commercial Active

Price

$ 4,400,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Year Built

1962

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

219141389

Features
General
Living Area 8830.0
Heating Forced Air Central
Roof Flat
HOA Fee 0.0
Security Features Smoke Detector
Construction Materials Stucco
Exclusions Any and all tenant personal property.
Year Built 1962
Tenant Pays Gas/Heat Janitor A/C Electric
Property Subtype Business
Ownership Partnership
Business Type Hospitality
County Riverside
Property Type F
Status Active
City Palm Springs
Open Parking Spaces 38.0
MLS Area 332 - Palm Springs Central
Listing Terms Conventional Cash
Current Financing Conventional Cash
Standard Status Active
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Exterior
Total Parking 38.0
Lot Size Area 31363.0
Building Area Total 8830.0
Road Surface Type Paved
Land Lease Type Fee
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Interior
Total Stories 1
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Luca Volpe

Listing Agent

Realty Trust

Broker

Affordability Calculator

$27,092
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,092
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2026$4,400,000 Listed Price

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707-745 N Palm Canyon Drive, Palm Springs, CA, 92262 is a Commercial Property for sale at $4,400,000 with 8,830 sqft. 707-745 N Palm Canyon Drive was built in 1962. The property's zip code is 92262 which is in Palm Springs, CA