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73600 Alessandro Dr
Palm Desert, CA 92260
Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Close to El Paseo and Hwy 111
  • Conference/Event Room
  • Security System
  • Courtyard
  • Mezzanine
  • Air Conditioning

EXECUTIVE SUMMARY

Unique building - the purchase price includes apn#627-153-010 and it must be sold together with APN # 627-153-015,018 & 019. Building will not sell separate Apns. Perfect location for health and wellness center, senior wellness center, training and events. Potential rent from this building alone could exceed $35,000 a month with exclusive tenants. Additional apn#'s could be developed to residential homes that could be valued at approximately $550,000 + each. or rented for $1800+ a month and the lots approx $350,000 each.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
23,000 SF
Building Class
C
Year Built/Renovated
1980/2016
Price
$6,500,000
Price Per SF
$282.61
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.50 AC
Zoning
R3(4)
Parking
50 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
231’ on Alessandro Dr

AMENITIES

  • Conferencing Facility
  • Courtyard
  • Fireplace
  • Mezzanine
  • Pool
  • Security System
  • Enclosed Mall
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 627-153-018
  • 627-153-019
Land Assessment
$553,562
Improvements Assessment
$3,630,304
Total Assessment
$4,183,866
  • Listing ID: 28411709

  • Date on Market: 5/5/2023

  • Last Updated:

  • Address: 73600 Alessandro Dr, Palm Desert, CA 92260

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