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



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 | Rentable Building Area | 4,037 SF |
| Price Per SF | $215.51 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1965 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 2.48/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 0.29 AC | ||
| Zoning | M1, Palm Springs | ||
| 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
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PROPERTY TAXES
| Parcel Number | 680-092-011 | Improvements Assessment | $200,993 |
| Land Assessment | $81,384 | Total Assessment | $282,377 |
PROPERTY TAXES
Parcel Number
680-092-011
Land Assessment
$81,384
Improvements Assessment
$200,993
Total Assessment
$282,377
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Bahnson's Machine Shop | 570 Oleander Rd
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