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61858 29 Palms Hwy 4,500 SF 100% Leased Retail Building Joshua Tree, CA 92252 $1,699,000 ($377.56/SF)

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INVESTMENT HIGHLIGHTS

  • 4,500 RSF on 0.52 acre of Land
  • Strong Retail Corridor
  • Excellent Traffic Counts
  • Some Renovations Needed

EXECUTIVE SUMMARY

Unique Multi Unit Commercial opportunity. 1 Block of Park Blvd in Joshua tree on 6 adjacent parcels. Joshua Tree National Park sees over 3 million visitors each year. The main structure has been gutted and is ready for a renovations.
Call me to discuss the power of Joshua Tree. We own retail in the neighborhood and sales exceed $1,500 psf annually in that area.
-61858 29 Palms Hwy. Approx. 4,500 sqft Building.
-Lot Size - Approx. 0.52 acre on 6 APN's:
0603-112-04-0000-.07 acre
0603-112-09-0000-.05 acre
0603-112-08-0000-.06 acre
0603-112-02-0000-.04 acre
0603-112-01-0000-.08 acre
0603-112-05-0000-.22acre

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Building Class
C
Year Built
1970
Price
$1,699,000
Price Per SF
$377.56
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.52 AC
Zoning
JT/CG-SCP - Commercial General
Parking
14 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
105’ on 29 Palms Highway

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0603-112-01
  • 0603-112-02
  • 0603-112-08
  • 0603-112-04
  • 0603-112-07
  • 0603-112-05
Land Assessment
$735,563
Improvements Assessment
$496,271
Total Assessment
$1,231,834
  • Listing ID: 30793457

  • Date on Market: 1/26/2024

  • Last Updated:

  • Address: 61858 29 Palms Hwy, Joshua Tree, CA 92252

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