Palm Springs, CA 92262,401 E Tahquitz Canyon WAY
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$ 2,500,000
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Pending

401 E Tahquitz Canyon WAY Palm Springs, CA 92262

22,659 SqFt


UPDATED:

09/30/2024 06:56 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

Square Footage 22,659 sqft

Price per Sqft $110

MLS Listing ID NP17030554

HOA Y/N No

Year Built 1985

Lot Size 1.440 Acres

Acres 1.44

Property Description

NOIA Building/Cap Rate 8.9/ Seller Financing and Trades Accepted! The NOIA Building is anchored by Sherman's Deli & Bakery and it's occupants are a variety of businesses ranging from retail, services and real estate.There is ample on-site parking and the property has been completely remodeled and redecorated, and the exterior has recently been re-painted. Tenants have high speed internet as well as paid utilities (except phone). Management is included. Security available.
The property is currently 100% occupied.
In the heart of Palm Springs, the NOIA building is located one block from the new downtow City Center, the Spa Hotel & Casino as well as the Hard Rock Hotel and the Palm Springs Convention Center.

This property is on leased land and there are 35 years left on the lease. Owner financing is available, trades accepted!

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Cooling Central Air

Fireplace No

Building

Lot Description Lot Over 40000 Sqft, Street Level, Walkstreet

Story 2

Water Public

Others

Tax ID 009602248

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Larry Strong • Larry Strong Commercial Real E