369 Palm Canyon Drive
Palm Springs, CA 92262
Active for $4,500,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 19,602 sqft
MLS | 219126620PS |
Year Built | 1940 |
Property Type | |
County | Riverside |
Status | Active |
Active | $4,500,000 |
Structure Size | N/A sqft |
Lot Size | 19,602 sqft |
Beds | N/A |
Baths |
Description
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.
Listing information courtesy of: Scott Timberlake, Luca Realty Trust, Inc. (760) 333-7578. *Based on information from the Association of REALTORS/Multiple Listing as of 04/02/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.