Property Detail

1059 Palm Canyon

Palm Springs CA 92262

$1,550,000

Status: Active

Property Details

Description

Prime mixed-use opportunity in the heart of Palm Springs. Located on highly trafficked North Palm Canyon Drive, 1059-1063 N Palm Canyon features five apartment units and three small commercial units, all 100% vacant and ready for immediate occupancy. The property offers exceptional upside for an owner/user or investor seeking to reposition and add value.Surrounded by a vibrant and well-established retail corridor, this prime location benefits from strong foot traffic, excellent visibility, and proximity to downtown Palm Springs' shops, dining, and entertainment. The commercial spaces are ideal for retail, office, or service uses, while the residential units provide additional income potential once renovated.The property needs some TLC, presenting a rare opportunity to customize and revitalize a mixed-use asset in one of Palm Springs' most desirable corridors. Endless possibilities for redevelopment, re-tenanting, and long-term hold in a premier location.

Map Location

Listing provided courtesy of Adam Gilbert of The Firm Brokerage. Last updated 2026-02-03 09:11:21.000000. Listing information © 2025 CRMLS.

Steele Realty Group

Steele Realty Group

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