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INVESTMENT HIGHLIGHTS
- Remodel 50% complete
- City-approved for 2 live/work + 2 office units
- Near El Paseo, shopping, dining, and business corridors
- Stand-alone building with excellent visibility
EXECUTIVE SUMMARY
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 currently 50% complete with a full remodel, offering an ideal opportunity for an investor, developer, or contractor to complete and customize the project to their specifications.
City-approved plans are included for two (2) live/work units and two (2) professional office units, providing versatile income potential and a desirable mixed-use configuration.
Upon completion per the approved plans, the property is valued at $2M. Some attached photos show the property as it will look upon completion.
Take advantage of this value-add opportunity in one of the Coachella Valley’s most sought-after markets. Complete the remodel and reposition the property as income-producing live/work and office units — or tailor it for owner-occupancy. With approved plans, a central location, and flexible zoning, this property is primed for strong future returns.
City-approved plans are included for two (2) live/work units and two (2) professional office units, providing versatile income potential and a desirable mixed-use configuration.
Upon completion per the approved plans, the property is valued at $2M. Some attached photos show the property as it will look upon completion.
Take advantage of this value-add opportunity in one of the Coachella Valley’s most sought-after markets. Complete the remodel and reposition the property as income-producing live/work and office units — or tailor it for owner-occupancy. With approved plans, a central location, and flexible zoning, this property is primed for strong future returns.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
1982/2025
Price
$1,299,000
Price Per SF
$324.75
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
- Courtyard
- Fenced Lot
- High Ceilings
- 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. | - | - | - | - |
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Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 625-091-008 | Improvements Assessment | $316,805 |
| Land Assessment | $150,592 | Total Assessment | $467,397 |
PROPERTY TAXES
Parcel Number
625-091-008
Land Assessment
$150,592
Improvements Assessment
$316,805
Total Assessment
$467,397
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74330 Alessandro Dr
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