369 Palm Canyon, Palm Springs CA 92262 | $4,500,000
Listing provided courtesy of Scott Timberlake of Luca Realty Trust, Inc.. Last updated 2025-05-08 08:37:22.000000. Listing information © 2024 SANDICOR.
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.
More Details
Parking Spots: 20.00
Business Type: Hospitality
Asset Class: Specialty
Underground Utilities
Natural Gas Available
Electricity Available
Security Feature: Carbon Monoxide Detector(s)
Security Feature: Smoke Detector(s)
Roof: Carbon Monoxide Detector(s)
Roof: Smoke Detector(s)
Heating: Central
Heating: Zoned
Heating: Forced Air
