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Investment Highlights

  • Remodel 50% complete
  • City-approved for 2 live/work + 2 office units
  • Reduced for a Quick Sale
  • Near El Paseo, shopping, dining, and business corridors
  • Stand-alone building with excellent visibility

Executive Summary

Reduced for Quick Sale – Exceptional Value-Add Opportunity!
Rare opportunity to acquire a stand-alone two-story commercial building in a prime Palm Desert location, just minutes from El Paseo. This 4,000 sq. ft. property is approximately 50% complete with a full remodel underway, offering a prime opportunity for an investor, developer, or contractor to finish and customize to their exact specifications.
City-approved plans are included for:
Two (2) live/work units
Two (2) professional office units
This flexible mixed-use configuration creates strong income potential and broad market appeal. Upon completion according to the approved plans, the projected value is $2,000,000. Select attached photos illustrate the planned finished appearance. Take advantage of this compelling value-add opportunity in one of the Coachella Valley’s most desirable commercial markets. Complete the remodel and reposition the property as income-producing live/work and office spaces — or customize for owner-occupancy. With approved plans in place, a central location, and flexible zoning, this asset is well-positioned for strong future returns.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
1982/2025
Price
$1,199,000
Price Per SF
$299.75
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,000 SF
Building FAR
0.44
Lot Size
0.21 AC
Zoning
Mixed Use - Mixed Use/ Residential Office
Parking
15 Spaces (3.75 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Monument Signage
  • Balcony

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Maple Leaf Plumbing, Inc.
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Maple Leaf Plumbing, Inc. - - - -
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
625-091-008
Land Assessment
$150,592
Improvements Assessment
$316,805
Total Assessment
$467,397
  • Listing ID: 38375247

  • Date on Market: 11/7/2025

  • Last Updated:

  • Address: 74330 Alessandro Dr, Palm Desert, CA 92260

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