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72261 Highway 111

Palm Desert, CA 92260
  • $5,967,000
  • STATUS: Active
  • ON SITE: 344 Days
  • MLS #: PW25255265
$5,967,000
  • 0
    BEDS
  • 2.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Listing Agent(s): Richard Park of Synergy Real Estate (562-696-6515)


Description

Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major retailersLocated in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics, Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam’s Club and Lowe’s.Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-17T00:29:34.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/169687807
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72261 Highway 111 Palm Desert, CA 92260

  • Price: $5,967,000
  • Status: Active
  • On Site: 344 Days
  • MLS #: PW25255265
0
Beds
0
Baths
0
½ Baths
2.57
Acres
1986
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
Property Description
Ideally located street front retail on major thoroughfare throughout the entire Coachella Valley - CA Hwy 111Daily Needs Center located in retail epicenter in the heart of the Coachella Valley with an outstanding variety of boutiques, thrift stores and major retailersLocated in the Hub of shopping, dining, entertainment in the Heart of Palm Desert- Highway 111 is home to many of Palm Desert’s major retailers. Here, you’ll find familiar names like Target, Saks Off Fifth, Bed Bath and Beyond, Marshall’s, TJ Maxx, Nordstrom Rack and more. Another popular thoroughfare for shopaholics, Monterey Avenue, which is sprinkled with both shopping plazas and major retailers like Walmart, Sam’s Club and Lowe’s.Affluent / Country Club Location - located against the backdrop of the San Jacinto Mountains with over 150 golf courses throughout Coachella Valley and where home prices span from $1M to $40M
Exterior Features

Entry Level 1 Lot Features Irregular LotLot Over 40000 Sqft Sign On Property YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating See Remarks Heating YN Yes

Property Features

Additional Parcels YN No Business Type AccountingAdministrative and SupportBarber/BeautyBuild to SuitBar/Tavern/LoungeCommercialDentalEducation/SchoolEmploymentFood & BeverageFranchiseFitnessGift ShopHealth FoodHobbyHealth ServicesIce Cream/Frozen YogurtJewelryMedicalMixedMulti-Tenant Common Interest None Current Financing Other Gross Scheduled Income 334425.08 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan1031 Exchange Number Of Units Leased 6 Operating Expense 70707 Property Sub Type Retail Special Listing Conditions Standard Tax Year 2025 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-10-17T00:29:34.7. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Richard Park of Synergy Real Estate (562-696-6515)