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12347 Palm Dr 1,732 SF Retail Building Desert Hot Springs, CA 92240 $800,000 ($461.89/SF)



INVESTMENT HIGHLIGHTS
- Liquor license transfers
- Includes furniture and inventory
EXECUTIVE SUMMARY
Now is an incredible opportunity to own both the building and the business at 12347 Palm Drive currently operating as The Escapade Bar, a well-known local staple with over 20 years of successful operation. This turnkey property is located on one of the busiest corridors in Desert Hot Springs, offering excellent visibility, easy access, and high traffic exposure. The Escapade is still in full operation and continues to generate consistent income. However, the true potential lies in what this space could become. Whether you want to continue running the existing bar, rebrand the space, or develop a new concept, the possibilities are wide open. With zoning and layout suitable for a variety of uses, this property is a great fit for: A craft brewery or taproom (which the city currently lacks), a live music venue, a nightclub lounge with a dance floor, a sports bar or themed restaurant.
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Bar
Building Size
1,732 SF
Building Class
C
Year Built/Renovated
1947/2020
Price
$800,000
Price Per SF
$461.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C2 - General Business
Parking
10 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 641-051-025 | Improvements Assessment | $97,179 |
| Land Assessment | $59,554 | Total Assessment | $156,733 |
PROPERTY TAXES
Parcel Number
641-051-025
Land Assessment
$59,554
Improvements Assessment
$97,179
Total Assessment
$156,733
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Desert Sky Real Estate Inc.
12347 Palm Dr
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