12155 Palm Drive Desert Hot Springs, CA $ 1,119,000
12155 Palm Drive
$ 1,119,000
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12155 Palm Drive

Desert Hot Springs, CA, 92240
$ 1,119,000
Bedrooms-- Baths--

Monthly Estimate*

$ 6,890

Listed by KW Coachella Valley
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Commercial Property for sale in Desert Hot Springs, CA

for $1,119,000. The lot size is 0.64.

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.

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Commercial Active

Price

$ 1,119,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.64

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

219144789DA

Days on Market

2

Features
General
HOA Fee 0
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Use GPS
City Desert Hot Springs
MLS Area 340 - Desert Hot Springs
Lot Size Units Square Feet
Lot Size Square Feet 27878
Listing Terms Cash
Standard Status Active
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 27878
Lot Size Acres 0.64
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* Excluded Features
List By
Kw Coachella Valley

Broker

jamesguillermo@kw.com

Email

Affordability Calculator

$6,890
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,890
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2026$1,119,000 Listed Price

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12155 Palm Drive, Desert Hot Springs, CA, 92240 is a Commercial Property for sale at $1,119,000 with a lot size of 0.64. The property's zip code is 92240 which is in Desert Hot Springs, CA