74090 El Paseo #101, Palm Desert, CA 92260
74090 El Paseo #101, Palm Desert, CA 92260
74090 El Paseo #101, Palm Desert, CA 92260
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,999,900
Est. payment /mo
0.47 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 219149159DA

HOA Y/N No

Year Built 1978

Lot Size 0.470 Acres

Property Description

A Rare El Paseo Development & Investment Opportunity Located on world-famous El Paseo, this exceptional offering consists of 3 APNs (zone of D & D-O) inclusive of an existing 12,870 SF office property together with one of the few remaining buildable parcels along Palm Desert's most prestigious commercial corridors.The property enjoys highly desirable south-facing frontage on El Paseo, providing outstanding visibility, exposure, and access along the Desert's luxury retail, dining, and professional services. The northern portion of the property fronts Highway 111, one of the Coachella Valley's primary commuter and commercial arteries, benefiting from traffic counts exceeding approximately 30,000 plus vehicles per day The existing two-story office building provides immediate occupancy and income potential while the vacant front parcel offers a unique opportunity to create a retail location, signature office, or medical practice on one of Southern California's most sought-after business locations. Conceptual building renderings envision an approximate 2,500 SF building footprint capable of supporting up to 4,000 SF of additional two-story retail, office or medical space, subject to buyer verification and City approvals.Surrounded by luxury retailers, fine dining establishments, resorts, and professional services, this offering presents a rare combination of current utility and future development potential. Whether utilized as a professional office headquarters, medical practice, owner-user property, investment asset, or redevelopment opportunity, this site offers flexibility rarely found on El Paseo.Property HighlightsExisting 12,870 SF professional office building.Rare additional buildable parcel on El Paseo.South-facing frontage on El PaseoNorth-side frontage and visibility from Highway 111.Potential +/-2,500 SF building footprintwith +/-4,000 SF two-story expansion (buyer to verify)Dedicated on-site parking serving both buildings.Premier Palm Desert locationIdeal for mixed use, investment, or owner-user opportunitiesSignificant long-term value-add potentialWorld-class location. World-class visibility.World-class potentialOpportunities to acquire a property with existing improvements, future development potential, dual-corridor exposure, and an iconic El Paseo address are extraordinarily rare. This is a chance to create a landmark property in a landmark location. Call for details

Location

State CA

County Riverside

Area 323 - South Palm Desert

Interior

Heating Central

Fireplace No

Building

Story 2

Others

Tax ID 625111025

Special Listing Condition Standard

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Listed by Richard MacMillan Equity Union #01183445

NEARBY SCHOOL & BUSINESS

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