Listed by Gary Keshishyan with Pinnacle Estate Properties

67491 E Palm Canyon Drive

Cathedral City, CA, 92234

$3,799,950

$214 per ft²
$3,799,950
$214 per ft²
Active
Active
 - For Sale
carpenters-square
17,754 ft²
property_type
Commercial
calendar
Built 1947
Opportunity knocks on this once in a lifetime investment opportunity on a prime Cathedral City busy street approved for Cannabis Cultivation and Distribution. With over 17,700 sqft of building sitting on 4.25 acres of land with completely redesigned architectural plans submitted to the city and waiting for approval. Multi purpose use if not interested in Cannabis. Ideal of apartments, senior housing, warehouse, retail (buyer to verity). Prior use was a lodge. Current building is a class B building with 16 Ft ceiling hight.
MLS® ID:
SR23016115
Listed:
2/1/23
Updated:
3/29/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
See Remarks
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
4.26 acres lot
Lot Details
2-5 Units/Acre, Flag Lot, Walkstreet

Other Property Details

Area Name
336 - Cathedral City South
Garage
No
Parking
N
View
N
County
Riverside
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Water Source
Public
Pool
No
Total Stories
1
Buyer Agency Compensation
2.500

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/29/23. 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.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/29/23 at 9:19 AM UTC

Contact