353 Palm Canyon Drive, Palm Springs, CA 92262 - Berkshire Hathaway HomeServices California Properties

353 Palm Canyon Drive, Palm Springs, CA 92262

$2,950,000 Approx. USD 0 beds, 0 baths

Listing Agent


Scott Timberlake | scottptimberlake@icloud.com
Lic#: 01257645
Broker: Courtesy of Luca Realty Trust, Inc.

Co Listing Agent


Mike Kassinger
Lic#: 01213797
Broker: Courtesy of Luca Realty Trust, Inc.

Agent Remarks

Exceptional property and Downtown Palm Springs location. No land lease, Fee Simple. ownership. Two story structure including a private off street parking lot and elevator. Highly upgraded Dispensary on the main floor and Cannabis Lounge on the second floor. All office / Retail leasing options available. Owner / Tenant will vacate at closing. Cannabis license can be transferred! NO NEW Licenses issued until after 12/31/2027.Commercial Financing options are available but limited for its current use. City planning to restrict / limit Palm Springs licenses in 2028, considering 10 as the limit. Private financing possible with a substantial downpayment in excess of 50%. Highly upgraded with newer mechanical systems, high end interior and exterior improvements, upgrades and finishes. Expansive outdoor space with exceptional mountain and city views. Excellent visibility, ADA compliant. Contact listing agent for Projected income and expense summary. Restricted access must contact listing agent for showing appointments. Please DO NOT disturb tenant.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 219127527PS
Price: $2,950,000
HOA Fee is $0.00
Built in 1992
0.37 acres
Lot size: 0.3700
County: Riverside
Lot description: Sprinklers In Front,Near Public Transit,Sprinklers Timer,Sprinkler System
Heating description: Central,Forced Air
MLS area: 332 - Central Palm Springs

Last Updated: 3/31/2025

 Days On Market (DOM): 77

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This listing belongs to the 332 - Central Palm Springs MLS area

Lat/Long: 33.818271, -116.547113.
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Source: CRM. Also Available in 219121144PS, 219127173PS,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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