693 E Sunny dunes — Sale in Palm Springs, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Palm Springs, CA 92264
  • Year built: 1980

Description

A unique property with potential to be a retail showroom, distribution, restaurant, or specialty contractor headquarters. The owner has personal plans and is motivated to find the right new owner for this property. Office, retail space, yard, garage, and two gates make this ideal for a growing company. Highly visible and accessible to an affluent sub-market. Palm Springs is a visitor-oriented submarket, and Sunny Dunes has become a colorful, alternative lifestyle mecca. The prominence and visibility of the Subject Property offers great potential to entertainment, dining, events, and retail space. Using or developing this property, zoned “CM”, offers strong potential due to the zone's flexibility (incorporating all C-1 and C-2 permitted uses like retail stores, restaurants, offices, personal services, and general commercial activities, plus additional options like cannabis dispensaries, auto sales/repair, warehousing, and light manufacturing). • The corner location in a desirable business neighborhood enhances visibility and foot traffic, especially in a tourism-driven market. • The structure is highly adaptable to reconfiguring. • Retail and service-oriented uses align best here for profitability. With a 4,360 SF in two structures, a buyer’s strategy might focus on high-demand, high-margin uses that leverage Palm Springs' economy—centered on tourism, retail, hospitality-adjacent services, and wellness—while complying with development standards (e.g., max 30 ft height, min 20,000 SF lot area if expanding, required landscaping, and off-street parking/loading per city code). Key local economic drivers include tourism (boosted by events like Coachella and Modernism Week), health/wellness trends, and cannabis growth, with the industry generating significant tax revenue (over $4M annually citywide in recent years). Below are profitable potential strategies (the high tourist traffic of the site yields premium rents and sales). 1. Lease or Develop as a Cannabis Dispensary o

Market Context

This industrial in Palm Springs, CA is listed for sale. The building dates to 1980. It has been on the market for 100 days. Compare it against other industrial listings for sale in Palm Springs, CA — view the full market.

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