Date Palm Drive, Cathedral City | 34870 Date Palm Dr
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Date Palm Drive, Cathedral City 34870 Date Palm Dr
3,650 SF Vacant Retail Building Cathedral City, CA 92234 $1,272,888 CAD ($349 CAD/SF)
Investment Highlights
- Heavy daytime traffic that will notice your retail front business
- 2 parcel lots connected
- Located on city main street close to the casino
Executive Summary
Fantastic investment opportunity that offers excellent convenience for an owner/user, strategically located in the heart of the Coachella Valley. This is a 0.59 Acre lot with a 3,650 sqft building that has frontage to Date Palm Dr. The Zoning Classification was recently upgraded to Planned Community Commercial (PCC) and due to the extensive secured yard (gated and with block walls) the property fulfills the layout needed by an Auto Repair Business, a Sales/Distribution Business, or a Contractor Service such as Construction, Gardening, HVAC, Electrical, Solar, Prest Control, Pool or Roofing companies.
The building is well maintained and offers ample space for administrative offices with easy access to major transportation routes and great exposure due to the high traffic count. Also, there are two indoor service bays for fleet maintenance, which could be repurposed for indoor storage or loading area. This versatile combination allows the owner/user to have an open retail area (for customer service or showroom purposes) while having private offices, storage or shop areas, customer and fleet parking, or just subleasing some of these areas for rental income. A retention basin is incorporated into the secured yard area.
SECURE THIS KEY LOCATION INSTEAD OF PAYING RENT TO SOMEONE ELSE!
The building is well maintained and offers ample space for administrative offices with easy access to major transportation routes and great exposure due to the high traffic count. Also, there are two indoor service bays for fleet maintenance, which could be repurposed for indoor storage or loading area. This versatile combination allows the owner/user to have an open retail area (for customer service or showroom purposes) while having private offices, storage or shop areas, customer and fleet parking, or just subleasing some of these areas for rental income. A retention basin is incorporated into the secured yard area.
SECURE THIS KEY LOCATION INSTEAD OF PAYING RENT TO SOMEONE ELSE!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,650 SF
Building Class
B
Year Built
1974
Price
$1,272,888 CAD
Price Per SF
$349 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.59 AC
Zoning
CC - Community Commercial
Parking
18 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
78 ft on Date Palm Dr
Amenities
- Bus Line
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $241,185 CAD | |
| Land Assessment | $230,875 CAD | Total Assessment | $472,060 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$230,875 CAD
Improvements Assessment
$241,185 CAD
Total Assessment
$472,060 CAD
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Date Palm Drive, Cathedral City | 34870 Date Palm Dr
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