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-- Sq 10,000

Monthly Estimate*

$ 6,890

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Commercial Property for sale in Desert Hot Springs, CA

for $1,119,000. This building is 10,000 square feet.

High Visibility Commercial Investment Opportunity - Income Producing Prime 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 repositioning Property Details Lot Size: ±27,878 SF Building Size: ±10,000 SF Parking: 37 spaces Current Tenant: Unit D (Income producing) Former Tenants: World Gym & Sunglass Retailer Additional Parcel: APN 641-042-048 Opportunity The 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

Retail

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

219144789

Features
General
Living Area 10000.0
HOA Fee 0.0
Property Subtype Retail
Business Type Professional/Office Health Services Shopping Center Specialty Athletic Retail Arts and Entertainment
County Riverside
Property Type F
Status Active
City Desert Hot Springs
MLS Area 340 - Desert Hot Springs
Listing Terms Cash
Current Financing Private Financing Available Owner May Carry Cash
Standard Status Active
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Exterior
Total Parking 0.0
Lot Size Area 27878.0
Building Area Total 10000.0
Land Lease Type Fee
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Interior
Total Baths 0
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* Excluded Features
List By
James Guillermo

Listing Agent

Kw Coachella Valley

Broker

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
793437 Elementary School
793428 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 10,000 sqft. The property's zip code is 92240 which is in Desert Hot Springs, CA