CA > Desert Hot Springs
Desert Hot Springs, CA 92240,11940 Palm Drive
Desert Hot Springs, CA 92240,11940 Palm Drive
Desert Hot Springs, CA 92240,11940 Palm Drive
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Listed by Amie Shepard • West Shores Realty, Inc.
$1,650,000
Est. payment /mo
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5,328 SqFt
New

11940 Palm Drive Desert Hot Springs, CA 92240

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Kenneth Er

Kenneth Er

+1(510) 828-8572

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,328 sqft

Price per Sqft $309

MLS Listing ID CRSB25151504

HOA Y/N No

Year Built 1985

Lot Size 0.340 Acres

Property Sub-Type Office

Source Datashare California Regional

Property Description

Welcome to 11940 Palm Dr — a 5,328 SF building perched on the premiere corner of Palm & Pierson, the most visible intersection in Downtown Desert Hot Springs This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You’re in the right place — and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival. With 19 parking spaces, killer street presence, and a pro forma cap rate of 6.4%, this is a straight-up investor magnet in one of SoCal’s fastest-growing retail and cannabis zones. Fully approved for ALL cannabis uses — retail, cultivation, distribution — with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley ?? highlighting an emphasis on canna-tourism. Offered at a competitive price, this corner lot opportunity is what investor’s dreams are made of.

Location

State CA

County Riverside

Interior

Heating None

Fireplace No

Building

Water Public

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Kenneth Er

Agent | License ID: 01942269

+1(510) 828-8572

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