68280 E Palm Canyon, Cathedral City, CA 92234

$299,000

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List Price
$299,000
Status
ACTIVE
MLS#
IG26213965
Year Built
1974
Lot Size
9,583
Acres
0.22
Lot Location
Irregular Lot, Value In Land
Days on Market
0
Property Type
Commercial
Property Sub Type
Unimproved Land

Property Description

Position your business or next investment along one of the Coachella Valley’s most traveled corridors. This 9,583 SF commercial corner lot sits prominently at E Palm Canyon Drive and Bankside Drive, offering excellent visibility at a signalized intersection in the heart of Cathedral City. The property is already improved with a block wall, iron fencing and gated access, with water, sewer and utilities available in the street. Zoned CBP-2, the site offers flexibility for a variety of potential commercial, retail and investment uses, creating an opportunity for an owner-user, developer or investor to capitalize on a highly visible Highway 111 location. The property is also located within an Opportunity Zone, offering potential tax advantages for qualifying investments. Just minutes from Cathedral City’s Arts & Entertainment District, Agua Caliente Casino Cathedral City and approximately four miles from Palm Springs International Airport, the property benefits from strong year-round traffic and continued investment throughout the west valley. A well-positioned commercial parcel with visibility, access and infrastructure already in place, ready for its next chapter.

Additional Information

Heat
None
Cooling Description
None
Roof
None
Water
See Remarks
Attached Structure
Detached

Listing courtesy of Listing Agent: Alan Sarrail (alan@thereverygroup.com) from Listing Office: KELLER WILLIAMS-LA QUINTA.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.