Share This Listing

Message

938 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Bahnson's Machine Shop 570 Oleander Rd 4,037 SF Industrial Building Palm Springs, CA 92264 $870,000 ($215.51/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime Location Near Airport & Freeway Access
  • Low Vacancy Market with Solid Demand Drivers
  • Functional Industrial Features + Yard
  • Partially Leased – Income + Owner-User Opportunity
  • Immediate Occupancy with Flex Use
  • Convenient Surrounding Amenities

EXECUTIVE SUMMARY

Just 1.9 miles from Palm Springs International Airport and approximately 4 miles from the I-10 Freeway, the property offers direct access to major transportation routes—making it highly attractive for logistics, distribution, and service operations throughout the entire Coachella Valley. Roughly 2,000 SF is leased at $2,000/month (plus separately metered utilities) with ~2 years left on the lease. The remaining ±2,000 SF—currently used by the owner for storage/office—will be delivered vacant at close, ideal for an owner-user or additional lease-up. Coachella Valley industrial vacancy is just 3.2%, fueled by cannabis, logistics, and manufacturing demand, supporting lease-up. Half the building will be ready for immediate use or leasing, while existing tenancy generates stable cash flow—allowing flexibility in strategy for buyers. The area’s low industrial vacancy (3.9%) suggests strong leasing demand and rent upside. 40,37 SF metal tilt-up/masonry structure with 3,825 SF secured asphalt yard, 5' parking stalls, 16' ceiling height, and fenced lot - suited for manufacturing, storage, or service uses. The property is surrounded by a wide range of retail and service options, including national brands like Walmart, AutoZone, Home Depot, and multiple supermarkets. Nearby food, beverage, and shopping destinations enhance quality of life for employees and provide strong day-to-day convenience for owner-users and tenants alike.

PROPERTY FACTS

Price $870,000
Price Per SF $215.51
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 0.29 AC
Rentable Building Area 4,037 SF
No. Stories 1
Year Built 1965
Tenancy Single
Parking Ratio 2.48/1,000 SF
Clear Ceiling Height 16’
Zoning M1, Palm Springs

AMENITIES

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
680-092-011
Land Assessment
$81,384
Improvements Assessment
$200,993
Total Assessment
$282,377
  • Listing ID: 35438819

  • Date on Market: 4/10/2025

  • Last Updated:

  • Address: 570 Oleander Rd, Palm Springs, CA 92264

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}