707 Palm Canyon Drive Palm Springs CA 92262 MLS #219129826PS

707 Palm Canyon Drive
Palm Springs, CA, 92262
$4,600,000
Beds
0 Baths
SqFt
0 Acres
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Step into a rare opportunity to own a truly iconic piece of Palm Springs’ architectural and cultural history. Located in the bustling Uptown Design District, this +/-8,830SF retail/restaurant building with large privateparking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, thisarchitecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs’ most celebrated tenants–the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery–this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city’s mosttrafficked corridors. Their tenancy offers a combination of stability and upside.

Property Details

Price:
$4,600,000
MLS #:
219129826PS
Status:
Active
Baths:
0
Type:
Commercial
Listed Date:
May 12, 2025
Year Built:
1962

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Schools

Interior

Heating
Central, Forced Air

Exterior

Roof
Flat
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)

Financial

Utilities
Underground Utilities, Natural Gas Available, Electricity Connected

Map

Community

Subdivisions in Palm Springs

Market Summary

Current real estate data for Commercial in Palm Springs as of May 13, 2025
25
Commercial Listed
415
Avg DOM
$1,693,651
Avg List Price

Property Summary

    707 Palm Canyon Drive Palm Springs CA is a Commercial for sale in Palm Springs, CA, 92262. It is listed for $4,600,000

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