401 E Tahquitz Canyon Way Palm Springs, CA ^$ 2,500,000

401 E Tahquitz Canyon Way

^$ 2,500,000

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401 E Tahquitz Canyon Way

Palm Springs, CA, 92262

^$ 2,500,000

Bedrooms-- Baths-- Sq 22,659

Monthly Estimate*

^$ 15,393

Listed by Larry Strong Commercial Real E

401 E Tahquitz Canyon Way, Palm Springs, CA 92262 - Image 1

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Commercial Property for sale in Palm Springs, CA

for $2,500,000. This 22,659 square foot building was built in 1985 on a lot size of 1.44.

NOIA Building/Cap Rate 8.9/ Seller Financing and Trades Accepted! The NOIA Building is anchored by Sherman's Deli & Bakery and it's occupants are a variety of businesses ranging from retail, services and real estate.There is ample on-site parking and the property has been completely remodeled and redecorated, and the exterior has recently been re-painted. Tenants have high speed internet as well as paid utilities (except phone). Management is included. Security available. The property is currently 100% occupied. In the heart of Palm Springs, the NOIA building is located one block from the new downtow City Center, the Spa Hotel & Casino as well as the Hard Rock Hotel and the Palm Springs Convention Center. This property is on leased land and there are 35 years left on the lease. Owner financing is available, trades accepted!

Commercial Pending

Price

^$ 2,500,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

1.44

Year Built

1985

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

NP17030554

Days on Market

3,298

Features

General

Cooling Central Air

Year Built 1985

Property Subtype Retail

Building Name NOIA Building

County Riverside

Net Operating Income 222779

Operating Expense 217561

Property Type Commercial Sale

Building Features Elevator(s)

Special Listing Conditions Standard

Status Pending

Directions Cross Streets: N Palm Canyon Drive

City Palm Springs

MLS Area 332 - Central Palm Springs

Lot Size Units Square Feet

Lot Size Square Feet 62726

Listing Terms Cash Cash to New Loan

Additional Parcels Y/N false

Building Area Units Square Feet

Standard Status Pending

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Retail

Cap Rate 8.9

Interior

Total Stories 2

Air Conditioning Y/N true

Entry Level 1

Exterior

Lot Features Lot Over 40000 Sqft Street Level Walkstreet

Water Source Public

Lot Size Area 62726

Number of Buildings 1

Building Area Total 22659

Lot Size Acres 1.44

Lot Size Source Assessor

* Excluded Features

List By

Larry Strong Commercial Real E

Broker

larrystrongcom@yahoo.com

Affordability Calculator

$15,393

Per Month

Monthly Principal & Interest: $15,393
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Palm Springs, CA

Average List Price ^$2,997,397

Percent of Sale Price 20%

About Palm Springs, CA

46,525 Population

9% Since 2002

^$49,313 Median Income

54.63 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/26/2025	$2,500,000		Listed Price

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401 E Tahquitz Canyon Way, Palm Springs, CA, 92262 is a Commercial Property for sale at $2,500,000 with 22,659 sqft and a lot size of 1.44. 401 E Tahquitz Canyon Way was built in 1985. The property's zip code is 92262 which is in Palm Springs, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 2/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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401 E Tahquitz Canyon Way

Commercial Property for sale in Palm Springs, CA

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