11940 Palm Drive Desert Hot Springs CA 92240 MLS #SB25151504

11940 Palm Drive
Desert Hot Springs, CA, 92240
$1,650,000
Beds
0 Baths
SqFt
0 Acres
Add
MLS #SB25151504 image #0MLS #SB25151504 image #1MLS #SB25151504 image #2MLS #SB25151504 image #3MLS #SB25151504 image #4MLS #SB25151504 image #5MLS #SB25151504 image #6MLS #SB25151504 image #7MLS #SB25151504 image #8MLS #SB25151504 image #9MLS #SB25151504 image #10MLS #SB25151504 image #11MLS #SB25151504 image #12MLS #SB25151504 image #13MLS #SB25151504 image #14MLS #SB25151504 image #15MLS #SB25151504 image #16
Welcome to 11940 Palm Dr — a 5,328 SF building perched on the premiere corner of Palm &#38' Pierson, the most visible intersection in Downtown Desert Hot Springs

This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You’re in the right place — and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival.

With 19 parking spaces, killer street presence, and a pro forma cap rate of 6.4%, this is a straight-up investor magnet in one of SoCal’s fastest-growing retail and cannabis zones.

Fully approved for ALL cannabis uses — retail, cultivation, distribution — with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley ?? highlighting an emphasis on canna-tourism.

Offered at a competitive price, this corner lot opportunity is what investor’s dreams are made of.

Property Details

Price:
$1,650,000
MLS #:
SB25151504
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Office
Listed Date:
Jul 7, 2025
Year Built:
1985

Ask a Question

See this Listing

Send
  

Schools

Interior

Heating
None

Exterior

Stories Total
2
Water Source
Public

Financial

Utilities
Electricity Connected, Sewer Connected, Water Connected

Map

Community

Market Summary

Current real estate data for Commercial in Desert Hot Springs as of Aug 12, 2025
26
Commercial Listed
330
Avg DOM
$1,127,150
Avg List Price

Property Summary

    11940 Palm Drive Desert Hot Springs CA is a Commercial for sale in Desert Hot Springs, CA, 92240. It is listed for $1,650,000

Similar Listings Nearby

broker reciprocity
MLS# 219133411DAbroker reciprocity
15110 Indian Canyon Drive
Desert Hot Springs, CA

$1,950,000

4.6 miles away

broker reciprocity
MLS# 219120923DAbroker reciprocity
12622 Miracle Hill Road
Desert Hot Springs, CA

$1,550,000

4.6 miles away

broker reciprocity
MLS# SW25109912broker reciprocity
13405 Ocotillo Road
Desert Hot Springs, CA

$1,500,000

4.6 miles away

broker reciprocity
MLS# 219133726DAbroker reciprocity
66321 Pierson Boulevard
Desert Hot Springs, CA

$1,500,000

4.6 miles away

broker reciprocity
MLS# IG25167847broker reciprocity
11741 Palm Drive
Desert Hot Springs, CA

$1,200,000

4.6 miles away

broker reciprocity
MLS# 219129970DAbroker reciprocity
66680 Acoma Avenue
Desert Hot Springs, CA

$1,199,000

4.6 miles away

11940 Palm Drive
Desert Hot Springs, CA