Palm Cyn at Racquet Club, Palm Springs, CA 92262, USA

Palm Cyn at Racquet Club, Palm Springs, CA 92262, USA
$ 685,000.00
  • Date added: 12/21/19
  • Post Updated: 2019-12-21 16:22:53
  • MLS #: 219035674PS
  • Price Per Square Foot: $ 21.54
  • Lot Size Acres: 0.7300
  • Lot size: 31798.80 sq ft
  • Status:
  • County Or Parish: Riverside

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Description

LAND PLUS INCOME. 5 contiguous lots improved with a Nursery paying $38,400 annual lease. Excellent location for price appreciation in prime development area on trendy North Palm Canyon Drive. Property comes with shipping container building, utilities in, including sewer, irrigation and fencing. Successful Nursery operating under a Conditional Use Permit wants to stay. Lease until 10/21 with 2 one year options at increased rent. Perfect for buy and hold or design your use while having income. Right across from major parcel for mixed use development. Would be great for many other uses allowed in this zone such as sculpture garden, wine/beer garden, etc. (see attached doc) or even mixed use residential. Back alley provides good circulation to the parking lot. Please do not discuss this offering with any employees of the Nursery.

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General Info

  • Topography: Flat
  • Directions: One parcel south of Racquet Club on west side of State Highway 111 aka Palm Canyon Dr,
  • Subdivision Name: Chino Canyon
  • Zoning: C-1/C-P
  • Inclusions: Shipping container building

Utilities

  • Utilities: Electricity Connected,Phone Available,Sewer Connected

Exterior Details

  • Fencing: Chain Link,Partial,Wrought Iron
  • View: Mountain(s)

Lot Information

  • Lot Features: 6-10 Units/Acre,Landscaped,Paved
This style property is located in Palm Springs is currently and has been listed on Kelly Crews Realty. This property is listed at $ 685,000.00. It has bedrooms, bathrooms, and is . The property was built in year.