11940 Palm, Desert Hot Springs CA 92240 | $1,399,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Office
  • Stories: 2
  • Year Built: 1985
  • MLS#: SB25151504
  • Community: 340 - Desert Hot Springs

Listing provided courtesy of Amie Shepard of West Shores Realty, Inc.. Last updated 2025-11-12 09:24:46.000000. Listing information © 2025 SANDICOR.

Welcome to 11940 Palm Dr — a 5,328 SF building perched on the premiere corner of Palm & Pierson, the most visible intersection in Downtown Desert Hot Springs This two-story gem in the Commercial Downtown (CD) zone is suited for a wide range of uses. Want a creative office space, wellness center, event venue, or boutique retail concept? You’re in the right place — and right on time. The area is booming with new energy thanks to a wave of new construction homes flooding the valley and fueling a fresh downtown revival. With 19 parking spaces, killer street presence, and a pro forma cap rate of 6.4%, this is a straight-up investor magnet in one of SoCal’s fastest-growing retail and cannabis zones. Fully approved for ALL cannabis uses — retail, cultivation, distribution — with licensing available! No red tape, no waiting games. Just bring your business (or your cash flow goals) and plug in. At the forefront of the canna-business industry, Desert Hot Springs has been dubbed the Emerald City of the Valley ?? highlighting an emphasis on canna-tourism. Offered at a competitive price, this corner lot opportunity is what investor’s dreams are made of.

More Details

2 Stories
Parking Spots: 19.00
Business Type: Commercial
Asset Class: Office
Asset Class: Retail
Electricity Connected
Sewer Connected
Water Connected
Heating: None

David Piper

Call or Text: 858-525-5007

DRE# 02021985