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The Mint 560-562 S Indian Canyon Dr

2,880 SF Retail Building Palm Springs, CA 92264 $2,090,695 CAD ($726 CAD/SF) 5.36% Cap Rate

Investment Highlights

  • high traffic, residential and retail /commercial ...8 private parking spaces in lot behind building

Executive Summary

This is a mixed use residential/ retail / industrial property ...zoned C1 and located across the street from the historic BofA building ...very high traffic with great exposure ...2 upper units are currently rented on a month to month basis...800 sq ft each ...fully furnished and modern with mountain views ...long term tenants ...great income
Store front is approx 1480 square feet with 2 bathrooms and some storage space ...8 parking spots behind building
call for more info and showings ...Allison 760-861-2554

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,880 SF
Building Class
C
Year Built
1958
Price
$2,090,695 CAD
Price Per SF
$726 CAD
Cap Rate
5.36%
NOI
$111,976 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.47
Land Acres
0.14 AC
Zoning
C1
Parking
8 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
52 ft on S Indian Canyon Dr

Amenities

  • Balcony

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Envision Fine Art
  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Envision Fine Art Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of America
Wells Fargo Bank
U.S. Bank
IHOP
Chase Bank
PNC Bank
Grocery Outlet
Orangetheory Fitness
CrossFit
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
508-121-004
Land Assessment
$285,370 CAD
Improvements Assessment
$1,543,926 CAD
Total Assessment
$1,829,296 CAD
  • Listing ID: 33760823

  • Date on Market: 2024-03-21

  • Last Updated:

  • Address: 560-562 S Indian Canyon Dr, Palm Springs, CA 92264

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