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664-668 N Palm Canyon Drive, Palm Springs, CA 92262
$4,950,000
Property Type:
Commercial Sale
Square Footage:
11,387
Status:
Active
Current Price:
$4,950,000
List Date:
1/27/2026
Last Modified:
2/18/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 219142175
General Property Information
- Approx SqFt
- 11387
- SqFt Source
- Other
- Lot Size Source
- Assessor
- Year Built
- 1960
Property Features
Business Type:
Hospitality; Professional/Office; Retail; Specialty
Sale Type:
Standard
Financing:
Cash; Conventional; Exchange Down; Exchange Up
Listing Terms:
Cash; Conventional; Standard Sale
Showing Access:
Do Not Contact Occupant
Owner Pays:
A/C; Electric; Gas/Heat; Insurance; Janitor; Sewer; Taxes; Water
Tenant Pays:
A/C; Electric; Gas/Heat; Janitor
Lot Features:
Landscaped; Level with Street; Lot Level/Flat; Near Public Transit; Walk Street
Asset Class:
Office; Retail
Road Surface Type:
Paved
Land Use:
Office; Retail; Other
Survey:
Buyer Pays
Signage:
Sign on Building
Exterior Construction:
Stone; Stucco
Heating:
Central; Electric; Forced Air
Search Tags:
Multi-Tenant; Office/Retail; Parking Lot; Restaurant; Retail/Office; Standalone; Street Retail
Laundry:
None
Security Safety:
Carbon Monoxide Detector(s); Exterior Security Lights; Smoke Detector
Roofing:
Composition; Flat; Tile
Water:
Water District
Utilities:
220V in Kitchen; Electricity Connected; Underground Utilities; Water Meter on Property
Disclosures:
Historical Design
Listing Location and Property Info
- APN
- 505303012
- Original List Price
- 4950000
- Property Sub-Type
- Retail
- Street #
- 664-668
- Street Direction
- N
- Street Name
- Palm Canyon
- Street Suffix
- Drive
- County
- Riverside
- State
- CA
- Zip Code
- 92262
- Area
- 332 - Palm Springs Central
- Country
- US
Listing Info
- Exclusions of Sale
- Any tenant personal property.
- Accounting Type
- Actual
- Ownership Type
- Corporation
Property Info
- Building # of Stories
- 2
- # Buildings
- 2
- Building Status
- Existing
Status Change Info
- Status Change Date
- 2026-01-27
More Information
Business Info
- Cooling
- Yes
- Current Use
- Restaurant / Retail / Office
- Financing Available
- No
- Laundry Equipment
- No
- Office Type
- Multi Tenant
- Sale or Lease
- Sale
- Heating
- Yes
Parking SpacesInformation
- Total Carport Spaces
- 6
- Total Uncovered/Assigned Spaces
- 11
- Total Parking Spaces
- 17
Water
- Water District Name
- Desert Water Agency
- Water District
- Yes
Listing, Location and Property Info
- Entry Date
- 2026-01-27
Owner Pays
- A/C
- Yes
- Electric
- Yes
- Gas/Heat
- Yes
- Insurance
- Yes
- Janitor
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Water
- Yes
Business Type
- Hospitality
- Yes
- Professional/Office
- Yes
- Retail
- Yes
- Specialty
- Yes
Tenant Pays
- A/C
- Yes
- Electric
- Yes
- Gas/Heat
- Yes
- Janitor
- Yes
Utilities
- 220V in Kitchen
- Yes
- Electricity Connected
- Yes
- Underground Utilities
- Yes
- Water Meter on Property
- Yes
Sale Type
- Standard
- Yes
Road Surface Type
- Paved
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- Standard Sale
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- Exchange Down
- Yes
- Exchange Up
- Yes
Showing Access
- Do Not Contact Occupant
- Yes
Lot Features
- Landscaped
- Yes
- Level with Street
- Yes
- Lot Level/Flat
- Yes
- Near Public Transit
- Yes
- Walk Street
- Yes
Asset Class
- Office
- Yes
- Retail
- Yes
Disclosures
- Historical Design
- Yes
Land Use
- Office
- Yes
- Retail
- Yes
- Other
- Yes
Survey
- Buyer Pays
- Yes
Signage
- Sign on Building
- Yes
Exterior Construction
- Stone
- Yes
- Stucco
- Yes
Heating
- Central
- Yes
- Electric
- Yes
- Forced Air
- Yes
Search Tags
- Multi-Tenant
- Yes
- Office/Retail
- Yes
- Parking Lot
- Yes
- Restaurant
- Yes
- Retail/Office
- Yes
- Standalone
- Yes
- Street Retail
- Yes
Laundry
- None
- Yes
Security Safety
- Carbon Monoxide Detector(s)
- Yes
- Exterior Security Lights
- Yes
- Smoke Detector
- Yes
Roofing
- Composition
- Yes
- Flat
- Yes
- Tile
- Yes
Listing Office:
Realty Trust
Listing Agent:
Scott Timberlake
Last Updated: February - 18 - 2026
Information deemed reliable but not guaranteed.
