Welcome to 11940 Palm Dr — a 5,328 SF building perched on the premiere corner of Palm &' 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.
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
See this Listing
Schools
Interior
Heating
None
Exterior
Stories Total
2
Water Source
Public
Financial
Utilities
Electricity Connected, Sewer Connected, Water Connected
Map
Community
- Address11940 Palm Drive Desert Hot Springs CA
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Subdivisions in Desert Hot Springs
- Agua Dulce
- Agua Dulce 34001
- Andreas Hills
- Cornerstone
- Desert Crest CC
- Desert View Estates
- Desert View Estates 34004
- Desert View Estates II
- Desert Willow
- Dillion Estates 60045
- Eagle Point
- Foxdale Estates
- Hacienda Heights
- Hacienda Heights 34010
- Hidden Springs
- Hidden Springs 34011
- HidSp34011
- Indio Hills
- Lt Mor Undev. 4 34013
- Mission Lakes
- Mission Lakes 34101
- Mountain View
- Mountain View Country Estates
- Mountain View Country Estates 34014
- Not Applicable-340 NA340
- Not in a Development Not in a Development
- Olympus
- Olympus 34017
- Paradise Springs
- Paradise Springs 34018
- Rancho Del Oro
- Rancho Del Oro 34024
- Skyborne
- Skyborne 34020
- Skys Haven
- Sunset Springs
- Vista Del Valle
- Vista Del Valle 34022
- Vista Montana
- Vista Montana 34026
- Vista Palms
- Westmount Estates
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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
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