664 Palm Canyon, Palm Springs CA 92262 | $4,395,000
Listing provided courtesy of Scott Timberlake of Realty Trust. Last updated 2026-09-24 08:18:33.000000. Listing information © 2026 SANDICOR.
Prime 100% Leased Investment Opportunity in the Heart of Palm Springs' Historic Uptown District. Located in one of Palm Springs' most desirable corridors, this impeccably maintained property offers exceptional visibility and charm. Dual Architecture, Mid Century Modern and Spanish, situated on a single tax lot with two distinct addresses. The offering includes: 668 Building - A striking Mid-Century Modern commercial space ideal for retail, office, or mixed use. 664 Building - A beautifully preserved Spanish-style property, home to the renowned and successful Jake's Restaurant boasting high foot traffic and excellent street frontage. In 2024 Jakes expanded its operation and a new fully renovated lobby, additional indoor seating, kitchen and restrooms. Off-street parking exclusively for tenants. This property is both functional and aesthetically unique. The 668 building features two common area restrooms on the second floor, while the ground-floor retail units each have private restrooms. Additional highlights include a fully paid solar system on the 668 building--enhancing sustainability and reducing operational costs. Currently under application for the Mills Act for a potentially significant property tax reduction. Fully occupied, please do not disturb tenants. Seller open to an exchange for an out of state Commercial property, Hotel or residential income property. Oregon preferred.
More Details
2 Stories
Parking Spots: 17.00
Carport Spaces: 6.00
Business Type: Multi-Tenant
Asset Class: Retail
Asset Class: Office
Underground Utilities
Electricity Connected
Security Feature: Carbon Monoxide Detector(s)
Security Feature: Security Lights
Security Feature: Smoke Detector(s)
Roof: Carbon Monoxide Detector(s)
Roof: Security Lights
Roof: Smoke Detector(s)
Heating: Electric
Heating: Forced Air
Heating: Central
