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4,587 SF Commercial Building 72067 Highway 111 4,800 SF Office Building Rancho Mirage, CA 92270 $2,199,900 ($458.31/SF)
Investment Highlights
- 4,587 SF retail/commercial with four offices, lobby/showroom, three restrooms, and kitchenette/breakroom
- Extensive TI’s beneficial for a builder/designer use
- Ideally situated on Highway 111 in Rancho Mirage, with easy access to all Desert Cities
- Striking architectural design with grand staircase, designer finishes, and floor-to-ceiling windows exudes quintessential “Palm Springs”
- Iconic mid-century modern building on a major retail corridor in the heart of the Coachella Valley with average of 78,733 cars per day
- Close proximity to Disney's Cotino Project and the River Rancho Mirage, the Coachella Valley’s premier dining, entertainment, and retail center
Executive Summary
- Iconic mid-century modern building on a major retail corridor in the heart of the Coachella Valley with average of 78,733 cars per day
- Striking architectural design with grand staircase, designer finishes, and floor-to-ceiling windows exudes quintessential “Palm Springs”
- 4,587 SF retail/commercial with four offices, lobby/showroom, three restrooms, and kitchenette/breakroom
- Extensive TI’s beneficial for a builder/designer use
- Ideally situated on Highway 111 in Rancho Mirage, with easy access to all Desert Cities
- Close proximity to the River Rancho Mirage, the Coachella Valley’s premier dining, entertainment, and retail center home to Dave & Buster’s, The Cheesecake Factory, P.F. Chang’s, Cinemark Century Theaters, The Yardhouse, R.E.I., and more
- Appointment only, call/text Emily Harvey at (760) 636-3500
- Striking architectural design with grand staircase, designer finishes, and floor-to-ceiling windows exudes quintessential “Palm Springs”
- 4,587 SF retail/commercial with four offices, lobby/showroom, three restrooms, and kitchenette/breakroom
- Extensive TI’s beneficial for a builder/designer use
- Ideally situated on Highway 111 in Rancho Mirage, with easy access to all Desert Cities
- Close proximity to the River Rancho Mirage, the Coachella Valley’s premier dining, entertainment, and retail center home to Dave & Buster’s, The Cheesecake Factory, P.F. Chang’s, Cinemark Century Theaters, The Yardhouse, R.E.I., and more
- Appointment only, call/text Emily Harvey at (760) 636-3500
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,800 SF
Building Class
B
Year Built
1980
Price
$2,199,900
Price Per SF
$458.31
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,800 SF
Building FAR
0.48
Lot Size
0.23 AC
Zoning
CG - General Commercial: Appropriate for a variety of smaller commercial centers, specialty retail shops, clothing, jewelry & personal service shops.
Parking
13 Spaces (2.71 Spaces per 1,000 SF Leased)
Amenities
- Signage
- High Ceilings
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- David E Scott Design Builders
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| David E Scott Design Builders | Construction | - | - | - |
1 1
Property Taxes
| Parcel Number | 682-350-001 | Improvements Assessment | $933,863 |
| Land Assessment | $233,465 | Total Assessment | $1,167,328 |
Property Taxes
Parcel Number
682-350-001
Land Assessment
$233,465
Improvements Assessment
$933,863
Total Assessment
$1,167,328
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4,587 SF Commercial Building | 72067 Highway 111
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