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Description

Five retail units with a residential apartment above with a huge patio in this visible building on Palm Drive, the main thoroughfare in Desert Hot Springs. Commercial Tenant Square footage: 3,447/f; Apartment square footage: 600/sf Parking lot in the back of the building has been freshly paved and the building was painted in August 2010. Located on the corner of Palm Dr. and Buena Vista. Fully occupied on month to month rentals. Please do not disturb tenants. Appraisal done in August 2011 reflected a value price of $380,000 based upon the income stream. This investor opportunity is a 8.25 cap rate. Building price details: $370,000.

Property Details

• Type: Retail
• Status: Available
• Year Built: 1970
• Buildings: 1

Exterior Features

• Parking: Yes
• Parking Spaces: 10

Map Locations