Palm Desert, CA 92260,72261 Highway 111
$5,967,000
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2.57 Acres Lot
New

72261 Highway 111 Palm Desert, CA 92260

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25255265

HOA Y/N No

Year Built 1986

Tax Year 2025

Lot Size 2.570 Acres

Property Sub-Type Retail

Property Description

Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111
Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major
retailers
Located in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert's major retailers. Here, you'll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall's, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics, Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam's Club and Lowe's.
Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M

Location

State CA

County Riverside

Area 699 - Not Defined

Interior

Heating See Remarks

Cooling Central Air

Fireplace No

Laundry None

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Building

Lot Description Irregular Lot, Lot Over 40000 Sqft

Story 2

Water Public

Others

Tax ID 640020055

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard


CRMLS – RECore
Listed by Richard Park Synergy Real Estate 949-892-0822

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Devin Newcomb

Devin Newcomb

Agent | License ID: 02219887

+1(619) 541-1687

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72261 Highway 111