Downtown Palm Springs Commercial Lots

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A rare accumulation of 5 lots in Downtown Palm Springs. This property features 5 lots with 3 currently constructed buildings in the heart of Palm Springs.  This is a rare opportunity to redevelop fee simple land in Central Palm Springs spanning from Palm to Indian Canyon.

Prime Investment Opportunity for the redevelopment of 5 lots totaling over an acre and located in the heart of downtown Palm Springs. Three of the lots have improved buildings and two of the lots are vacant land. Located near large hotels, the Palm Springs Life building and other new attractions the opportunity to own a similar sized parcel in downtown will be hard to come by. Build off the success of the redeveloped downtown Palm Springs which now boasts major retailers and high end hotels and will soon be accompanied by the future expansion of the Agua Caliente Casino. These lots are located near the downtown development which includes: Kimpton Rowan Hotel, H&M, Starbucks Reserve, MAC, Kiehls and Blaze Pizza. Future additions to the new downtown include: The Virgin Hotel and the new downtown park which is currently under development. The new downtown also includes over 1,000 underground parking spaces. These parcels are also near the existing Hyatt Hotel and the Andaz Hotel and retail center which is currently under construction. This is your opportunity to own the best available land in Downtown Palm Springs. These lots are available as a whole or individually.

 

 

Price:6,000,000
Address:340 N. Palm Canyon
City:Palm Springs
State:CA
Zip Code:92262
Lot Square Feet:50,371

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