0 Baths

$2,950,000

353 Palm Canyon Drive, Palm Springs CA, 92262

Price per sqftN/A

Built in1992

Property typeCommercial

test courtesy

Overview

Active

Listed Mar 31, 2025

Updated Apr 10

Exceptional property and Downtown Palm Springs location. No land lease, Fee Simple. ownership. Two story structure including a private off street parking lot and elevator. Highly upgraded Dispensary on the main floor and Cannabis Lounge on the second floor. All office / Retail leasing options available. Owner / Tenant will vacate at closing. Cannabis license can be transferred! NO NEW Licenses issued until after 12/31/2027.Commercial Financing options are available but limited for its current use. City planning to restrict / limit Palm Springs licenses in 2028, considering 10 as the limit. Private financing possible with a substantial downpayment in excess of 50%. Highly upgraded with newer mechanical systems, high end interior and exterior improvements, upgrades and finishes. Expansive outdoor space with exceptional mountain and city views. Excellent visibility, ADA compliant. Contact listing agent for Projected income and expense summary. Restricted access must contact listing agent for showing appointments. Please DO NOT disturb tenant.

Additional information

MLS^® ID: 219127527PS

Interior Features

Bathrooms: 0

Exterior Features

Lot Size: 0.37 Acres

Broker Reciprocity Courtesy of Realty Trust, Scott Timberlake

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

500007054 - MLS License Number

Data last updated 5:17 AM UTC, 4/10/2026

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.