Active
296 S Palm Canyon Drive
Palm Springs CA, 92262
$5,500,000
$339.51 per sqft
Active
16,200 sqft
Commercial
Built in 1973
Listed by Raymond Rodriguez with Equity Union 866-582-7865
We are proud to present The Bank, located at 296 S. Palm Canyon Drive and encompassing 16,200A+- square feet of beautifully appointed single-tenant retail in a 2-story building and currently 100% occupied by Four Twenty The Bank. Attractive Seller financing offered of 75% LTV & 5.0% interest only. The property is situated on 20,038A+- square feet of land in the city of Palm Springs, California, and was originally constructed in 1973 and recently extensively rehabbed with over $2 Million in capital improvements invested in property upgrades. These updates include replacement of all major systems, installation of fire protection system and both interior and exterior sprinklers just to name a few, and 100% interior remodel just to name a few. 296 Palm Canyon Drive is currently leased to Four Twenty The Bank one of the largest cannabis dispensaries in all of California. When entering the space, you first are greeted by an informal lobby that welcomes you into the impressive open floor plan. Immediately upon entering the space, you canaEUR(tm)t help but notice the cathedral ceilings, exposing the architecturally designed rafters which are highlighted by the natural light of the skylights above, truly a site to see. In addition to the common area, the space offers 2 executive offices, and res
CRSR24146341
MLSⓇ ID
July 24, 2024
Listed
November 21, 2024
Updated
Map
296 S Palm Canyon Drive
Palm Springs CA, 92262
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.46 Acres
Other Property Details
Area Name
Palm Springs
Garage
No
View
No
County
Riverside
Pool
No
Listing Contact:
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Data last updated on 11/21/2024 at 10:19 PM UTC