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Investment Highlights

  • Unique property in desirable neighborhood
  • Owner motivated, property available
  • Corner location, close to complementary retail & entertainment
  • Site highly amenable to re-configuring for retail, service, auto, and tourism.

Executive Summary

Open House Saturday 10AM to 1PM (May 9 2026)
The Subject Property occupies a corner in a vibrant and desirable neighborhood, bordering a pleasant upper-middle class residential area and a trendy, boutique retail block.
The property itself has many attractive points - visibility, a secure yard area with two sliding gates, and usefulness for multiple users or a single business. A recent physical inspection report found only minor issues (report available).
However, time passes and codes have changed. Access and parking requirements may be required for a new owner, depending greatly on the actual use of the property.
The Zoning ("CM") permits a wide range of uses (some conditional) • Gym or athletic studio • Art studio & lessons .• Animal day care • bike rental • commercial recreation • art displays • farmers' market • florists • theater and public assembly • Outdoor dining including beverage service; • Outdoor dining including beverage service; • Musicians/entertainment • cocktail lounges & night club • liquor store • pawn shop • spa • multifamily residential • thrift shop • auto sales • cannabis lounge • pet shop • supermarket • estate sales. (See attached document from Palm Springs zoning guidelines.)

Property Facts

Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,410 SF
Building Class
C
Year Built
1980
Price
$1,300,000
Price Per SF
$381.23
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.23 AC
Zoning
CM, Palm Springs - Please see zoning document attached for specifics. Zoning is "CM", which also includes C-1 and C-2 permitted uses.
Parking
8 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
81’ on E Sunny Dunes

Amenities

  • 24 Hour Access
  • Bus Line
  • Signage
  • Storage Space
  • Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Grocery Outlet
Bank of America
Wells Fargo Bank
U.S. Bank
Chase Bank
PNC Bank
Elmer's
IHOP
Ralphs
Club Pilates

Property Taxes

Property Taxes

Parcel Number
508-163-006
Land Assessment
$129,330
Improvements Assessment
$322,436
Total Assessment
$451,766
  • Listing ID: 39162754

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 693 E Sunny Dunes Rd, Palm Springs, CA 92264

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