Active

0 Highway 111

Rancho Mirage CA, 92270

$1,550,000


$790,816.31 per sqft

Active

0 Acres

Land

Listed by Erik Christianson with The Hoffman Company 949-553-2020

Price Reduced from $1.95M to $1.55M - Great Buy! Rare 1.96 Acres vacant land zoned commercial/office (other potential uses*), with 300 ft. of prime frontage on Hwy. 111 in the affluent city of Rancho Mirage. The subject property which is within District 6 'Commercial East' is zoned for commercial use. The district envisions an active commercial retail area. It also intends to establish an open and heavily landscape retail plaza that will provide visual excitement and an obvious sense of arrival to a unique area in Rancho Mirage. As such, landscaping and water features are essential elements to strengthen the district's entry statement into the City.*Buyer to verify uses with city.Rancho Mirage is known as one of the most affluent cities in Riverside County with an average household income of $138,993. Some of America's finest golf courses, most exclusive residential communities, and international events are found here. The Ritz-Carlton Rancho Mirage opened early 2014 after undergoing a major $60 million renovation and is the only Five-Star lodging property in the region. The City of Rancho Mirage promises the seasoned traveler and the discriminating resident the perfect combination of luxury, value and access to some of North America's finest golf, spa and dining opportunities right in the Heart of the Palm Springs Valley.

219061246DA

MLS ID

April 29, 2021

Listed

March 23, 2024

Updated

Map

0 Highway 111
Rancho Mirage CA, 92270

Exterior/Building Features

Lot Size

0 Acres


Sewer

Other, Unknown

Other Property Details

Area Name

321 - Rancho Mirage


Days on Market

970


Association Fee

Not Listed


Garage

No


Parking Total

0


View

No


County

Riverside


Pool

No


Buyer Agency Compensation

2.75%

Listing Contact: 949-553-2020 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:14 AM UTC

 

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