74090 El Paseo 101

A Rare El Paseo Development Investment Opportunity Located on worldfamous El Paseo this exceptional offering consists of 3 APNs zone of D DO inclusive of an existing 12870 SF office property together with one of the few remaining buildable parcels along Palm Deserts most prestigious commercial corridorsThe property enjoys highly desirable southfacing frontage on El Paseo providing outstanding visibility exposure and access along the Deserts luxury retail dining and professional services The northern portion of the property fronts Highway 111 one of the Coachella Valleys primary commuter and commercial arteries benefiting from traffic counts exceeding approximately 30000 plus vehicles per day The existing twostory office building provides immediate occupancy and income potential while the vacant front parcel offers a unique opportunity to create a retail location signature office or medical practice on one of Southern Californias most soughtafter business locations Conceptual building renderings envision an approximate 2500 SF building footprint capable of supporting up to 4000 SF of additional twostory retail office or medical space subject to buyer verification and City approvalsSurrounded by luxury retailers fine dining establishments resorts and professional services this offering presents a rare combination of current utility and future development potential Whether utilized as a professional office headquarters medical practice owneruser property investment asset or redevelopment opportunity this site offers flexibility rarely found on El PaseoProperty HighlightsExisting 12870 SF professional office buildingRare additional buildable parcel on El PaseoSouthfacing frontage on El PaseoNorthside frontage and visibility from Highway 111Potential 2500 SF building footprintwith 4000 SF twostory expansion buyer to verifyDedicated onsite parking serving both buildingsPremier Palm Desert locationIdeal for mixed use investment or owneruser opportunitiesSignificant longterm valueadd potentialWorldclass location Worldclass visibilityWorldclass potentialOpportunities to acquire a property with existing improvements future development potential dualcorridor exposure and an iconic El Paseo address are extraordinarily rare This is a chance to create a landmark property in a landmark location Call for details