600-750 Tahquitz Canyon Way E, Palm Springs, CA

$11,000,000

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32,000

Square feet

3.35

Acres

About 600-750 Tahquitz Canyon Way E

Kaptur Plaza has become an Iconic Palm Springs landmark, restored completely in 2018 including all mechanicals, plumbing, electric and new roofs. A featured destination on the Historic Register for award winning design and architecture by renowned Mid-Century architect, Hugh Kaptur. Mills act in place reducing the annual property taxes significantly. 2 parcels with approx. 32,000 sf of interior space and 145,926 sf of FEE SIMPLE land in the heart of downtown Palm Springs. Thes prime 3.35 Acres of Fee Simple land strategically located in Section 14 has an exceptional land value along the Tahquitz Corridor. Zoning allows mixed uses: office, retail and, Medical. Featured Tenants include Koffi (their #1 Store / Location in the Valley!), Revive Wellness, V Wine Lounge and on-site professional property management by Realty Trust, Asset Management, a leader in Real Estate sales and commercial leasing. Fully leased, constantly high occupancy rates and diversified uses offering / including Executive Suites with receptionist and shared amenities. New Construction planned to start in 2027 behind Kaptur Plaza by Nexus Development. This exceptional development will greatly enhance the location with high rise condominiums, and a Luxury Hotel (see attachment). Please do not disturb our tenants. Financials available to pre-qualified buyers.

Features of 600-750 Tahquitz Canyon Way E

MLS® # 219143989
Price $11,000,000
Square Footage 32,000
Acres 3.35
Year Built 1973
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 600-750 Tahquitz Canyon Way E
Area 332 - Palm Springs Central
City Palm Springs
County Riverside
State CA
Zip Code 92262

Amenities

Parking Additional Parking, Asphalt, Common, Covered, On Site, On Street, Open, Parking Lot, Unassigned
Has Pool No

Interior

Heating Central, Forced Air
Fireplace No

Exterior

Exterior Lighting
Lot Description 145926
Roof Composition Shingle, Foam, Tile

Additional Information

Days on Market 74
Short Sale No
RE / Bank Owned No

Listing Details

AgentScott Timberlake
OfficeRealty Trust

Listing Map

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