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Palm Springs, CA 92262 369 Palm Canyon Drive

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Presented By: Scott Timberlake with Luca Realty Trust, Inc.;
  • MLS# 219120562PS
  • 11/25/2024
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  • Year Built • 1940

Home Details

Exceptional Downtown location, 2 level Historic Restaurant / Bar space for Lease. Can lease all or by floor. 1st level 4,800 plus 4,000 sf very spacious open patio with an outside permanent structure fully equipped Bar. One of the most iconic restaurant sites. Private Off-street parking lot for 16 vehicles, adjacent to a large free to the public parking lot. ADA compliant, exterior elevator service to second floor. Second Level, 1,560 sf interior, has 2 private entrances, 2 ADA Restrooms, and can be leased separately from the first floor as a fully operational Bar and Lounge with food service. Second level includes a front deck area overlooking Palm Canyon activity and a large rear-view deck with exceptional San Jacinto Mountain views overlooking the O'Donnell Golf Course and Clubhouse. Exceptional entertainment venue. Base rent $3.50 per sf plus CAM fees of $0.50 per sf per month. Total asking rent including CAM fees is $4.00 / per sf . per month. No lease payments / rent due for the spacious (4,000 sf) outside patio and the 2 second level decks. Space available now Minimum 5-year lease, renewal options considered. Renovated inside and out in 2021. Premises, still leased but vacant, is now closed. New Business license, liquor license and certificate of occupancy and other potential City & County required documents and inspections may be required to open. All at tenant's expense. Fully operational Grease Trap on site
Presented By: Scott Timberlake with Luca Realty Trust, Inc.;

Interior Features for 369 Palm Canyon Drive

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 369 Palm Canyon Drive

Additional Parcels Y/NNo
Attached Garage No
Building FeaturesElevators
Building NameGeneral Telephone
Business TypeRetail
Carport Y/NNo
CityPalm Springs
CountyRiverside
DirectionsProperty located in Downtown Palm Springs on N Palm Canyon Drive. Follow GPS.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral, ForcedAir, NaturalGas
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet19602.0
Lot Size UnitsSquareFeet
MLS Area332 - Central Palm Springs
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces16.0
Property Attached Y/NNo
Property TypeCommercialLease
Rent Control Y/NNo
RoofFlat, Tile
Security FeaturesCarbonMonoxideDetectors, FireSprinklerSystem
Senior Community Y/NNo
Standard StatusActive
StatusActive
Tenant PaysGas, JanitorialService, Taxes, Telephone, Water
UtilitiesElectricityConnected, NaturalGasAvailable, UndergroundUtilities
Waterfront Y/NNo
Year Built1940

Exterior for 369 Palm Canyon Drive

Crops Included Y/NNo
Horse Y/NNo
InclusionsSome FF&E on site in as is condition.
Irrigation Water Rights Y/NNo
Lot FeaturesDripIrrigationBubblers, SprinklersInFront, Landscaped, SprinklersTimer, SprinklersOnSide, SprinklerSystem, StreetLevel
Lot Size Acres0.45
Lot Size Area19602.0
Lot Size SourceAssessor
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking16.0

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $22,500
MLS#219120562PS
List Date 11/25/2024
Property Type Com Lease
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