74090 El Paseo
Palm Desert, CA, 92260 $ 3,999,900
Bedrooms-- Baths-- Sq 12,870 Monthly Estimate*
$ 24,628
for $3,999,900. This 12,870 square foot building was built in 1978.
A Rare El Paseo Development & Investment Opportunity Located on world-famous El Paseo, this exceptional offering consists of 3 APNs (zone of D & D-O) inclusive of an existing 12,870 SF office property together with one of the few remaining buildable parcels along Palm Desert's most prestigious commercial corridors. The property enjoys highly desirable south-facing frontage on El Paseo, providing outstanding visibility, exposure, and access along the Desert's luxury retail, dining, and professional services. The northern portion of the property fronts Highway 111, one of the Coachella Valley's primary commuter and commercial arteries, benefiting from traffic counts exceeding approximately 30,000 plus vehicles per day The existing two-story office building provides immediate occupancy and income potential while the vacant front parcel offers a unique opportunity to create a retail location, signature office, or medical practice on one of Southern California's most sought-after business locations. Conceptual building renderings envision an approximate 2,500 SF building footprint capable of supporting up to 4,000 SF of additional two-story retail, office or medical space, subject to buyer verification and City approvals. Surrounded by luxury retailers, fine dining establishments, resorts, and professional services, this offering presents a rare combination of current utility and future development potential. Whether utilized as a professional office headquarters, medical practice, owner-user property, investment asset, or redevelopment opportunity, this site offers flexibility rarely found on El Paseo. Property Highlights Existing 12,870 SF professional office building. Rare additional buildable parcel on El Paseo. South-facing frontage on El Paseo North-side frontage and visibility from Highway 111. Potential ±2,500 SF building footprint with ±4,000 SF two-story expansion (buyer to verify) Dedicated on-site parking serving both buildings. Premier Palm Desert location Ideal for mixed use, investment, or owner-user opportunities Significant long-term value-add potential World-class location. World-class visibility. World-class potential Opportunities to acquire a property with existing improvements, future development potential, dual-corridor exposure, and an iconic El Paseo address are extraordinarily rare. This is a chance to create a landmark property in a landmark location. Call for details
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FeaturesGeneralLiving Area 12870
Heating Central
HOA Fee 0
Exclusions Any intellectual property and other personal property associated with the current ownership's business operations are excluded from the sale.
Year Built 1978
Property Subtype Mixed Use
Business Type Professional/Office
County Riverside
Property Type Commercial Sale
Building Features Elevator
Status Active
City Palm Desert
MLS Area 323 - Palm Desert South
Current Financing Cash Conventional
Standard Status Active
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InteriorTotal Stories 2
Heating Y/N true
Total Baths 0
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ExteriorParking Features On Site
Total Parking 0
Lot Size Area 20473
Building Area Total 12870
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* Excluded FeaturesList ByRichard H MacMillanListing Agent
rhmacmillan@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $24,628
- 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.
Learn more about how to save NearbyCommerical listings in Palm Desert, CA
Average List Price $2,705,223
Percent of Sale Price 32%
About Palm Desert, CA 53,356 Population
23% Since 2002
$ 59,396 Median Income
54.08 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/13/2026 | $3,999,900 | | Listed Price |