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Property

Palm Springs, CA 92262 369 Palm Canyon Drive

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Presented By: Scott Timberlake with Luca Realty Trust, Inc.;
  • MLS# 219126620PS
  • 03/17/2025
  • Request Tour
  • Request Info
  • Year Built • 1940

Home Details

Excellent downtown Palm Springs location with off street parking. Across the street from the new Thompson Resort, this historic Restaurant and Bar Venue is available for Sale or Lease. Large Kitchen, multiple dining areas inside and out. Over 6,000 sf of space can be separated into 2 businesses, upstairs and downstairs. One of the largest outdoor patio spaces with an iconic outdoor bar and swinging bench seats for dining and watching the tourists walk by. ADA elevator to the 2nd floor with a full bar, front deck, overlooking Palm Canyon and a rear open deck space with exceptional San Jacinto Mountain views overlooking the O'Donnell private Golf Course and Club.Large capacity walk-in refrigerators and freezer space. ADA restrooms and off-street parking. Also adjacent to another large public parking lot for additional guests. The 1940 property is currently on the Historic Register known as the General Telephone Building. As part of the Mills Act, the property taxes are significantly reduced to minimize CAM charges and Fees. Currently vacant, unlimited possibilities exist for a new owner-user and/or tenant. Rare opportunity to own or lease one of the largest downtown restaurant sites in Palm Springs.
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/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes

General for 369 Palm Canyon Drive

Additional Parcels Y/NNo
Attached Garage No
Building FeaturesElevators
Building NameGeneral Telephone
Business TypeHospitality
Carport Y/NNo
CityPalm Springs
CountyRiverside
DirectionsProperty is located on the west side of Palm Canyon Drive, south of Alejo Rd.
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral, ForcedAir, Zoned
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, OwnerMayCarry
Lot Size Square Feet19602.0
Lot Size UnitsSquareFeet
MLS Area332 - Central Palm Springs
MobileHomeRemainsYNNo
New ConstructionNo
Open Parking Spaces20.0
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat, Tile
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesElectricityAvailable, NaturalGasAvailable, UndergroundUtilities
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1940

Exterior for 369 Palm Canyon Drive

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersInRear, SprinklersInFront, Landscaped, NearPublicTransit, 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 Parking20.0

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $4,500,000
MLS#219126620PS
List Date 03/17/2025
Property Type Commercial
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