369 Palm Canyon DR new

Palm Springs,CA 92262

$ 4500000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219126620PS

HOA Y/N No

Year Built 1940

Lot Size 0.450 Acres

Property Description

Excellent downtown Palm Springs location with off street parking. Across the street from the new Thompson Resort, this historic Restaurant and Bar Venue is available for Sale or Lease. Large Kitchen, multiple dining areas inside and out. Over 6,000 sf of space can be separated into 2 businesses, upstairs and downstairs. One of the largest outdoor patio spaces with an iconic outdoor bar and swinging bench seats for dining and watching the tourists walk by. ADA elevator to the 2nd floor with a full bar, front deck, overlooking Palm Canyon and a rear open deck space with exceptional San Jacinto Mountain views overlooking the O'Donnell private Golf Course and Club.Large capacity walk-in refrigerators and freezer space. ADA restrooms and off-street parking. Also adjacent to another large public parking lot for additional guests. The 1940 property is currently on the Historic Register known as the General Telephone Building. As part of the Mills Act, the property taxes are significantly reduced to minimize CAM charges and Fees. Currently vacant, unlimited possibilities exist for a new owner-user and/or tenant. Rare opportunity to own or lease one of the largest downtown restaurant sites in Palm Springs.

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Heating Central,Forced Air,Zoned

Fireplace No

Exterior

Utilities Available Electricity Available,Natural Gas Available,Underground Utilities

Roof Type Flat,Tile

Total Parking Spaces 20

Building

Lot Description Sprinklers In Rear,Sprinklers In Front,Landscaped,Near Public Transit,Sprinklers Timer,Sprinklers On Side,Sprinkler System,Street Level

Others

Tax ID 513082035

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

Special Listing Condition Standard

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