CA > Palm Springs
Palm Springs, CA 92262,165 N Luring DR
Palm Springs, CA 92262,165 N Luring DR
Palm Springs, CA 92262,165 N Luring DR
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$3,150,000
Est. payment /mo
5,634 SqFt
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UPDATED:

10/24/2024 11:18 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,634 sqft

Price per Sqft $559

MLS Listing ID IV24148249

HOA Y/N No

Year Built 1957

Lot Size 1.040 Acres

Property Description

This is an extremely rare offering! Palm Springs is known as an art and architecturally significant modernist center for modern and historically significant buildings by famous Architects! Such is the case here. Although not classified as a "Historical Building", it could be applied for by the new prospective owner! It was designed by famed architect John Porter Clear, of the renowned Albert Frey-Clark Architectural Firm! These addresses lease to mostly well known medical physicians and successful small business entrepreneurs! It is by definition a "Pride of Ownership Building!" It is approximately 5,634 sf of l100% leased spaces on a corner lot of approximately 1.04 acres! It is located in the heart of Palm Springs! This building is catering to an investor looking for a fully renovated leased asset in one of California's most stable markets-Palm Springs! This building is known for its stunning desert landscapes and vibrant community, this property benefits from its prime location. The area is renowned for its year-around tourism, attracting a steady flow of visitors and potential customers! This meticulously maintained property is an opportunity to own a piece of Palm Springs history while enjoying the benefits of a newly renovated and income-generating asset!!!

Location

State CA

County Riverside

Area 699 - Not Defined

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence Block

Utilities Available Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

Building

Lot Description 0-1 Unit/Acre, Corner Lot, Lot Over 40000 Sqft, Landscaped, Level, Near Public Transit, Sprinkler System, Street Level, Walkstreet

Story 1

Water Public

Others

Tax ID 502065014

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by JOHN PAULLIN • CERTIFIED PROPERTIES • 909-496-1202

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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