The Mint | 560-562 S Indian Canyon Dr
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The Mint 560-562 S Indian Canyon Dr
2,880 SF Retail Building Palm Springs, CA 92264 $1,475,000 ($512/SF) 5.36% Cap Rate
Investment Highlights
- high traffic, residential and retail /commercial ...8 private parking spaces in lot behind building
Executive Summary
This is a mixed use residential/ retail / industrial property ...zoned C1 and located across the street from the historic BofA building ...very high traffic with great exposure ...2 upper units are currently rented on a month to month basis...800 sq ft each ...fully furnished and modern with mountain views ...long term tenants ...great income
Store front is approx 1480 square feet with 2 bathrooms and some storage space ...8 parking spots behind building
call for more info and showings ...Allison 760-861-2554
Store front is approx 1480 square feet with 2 bathrooms and some storage space ...8 parking spots behind building
call for more info and showings ...Allison 760-861-2554
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,880 SF
Building Class
C
Year Built
1958
Price
$1,475,000
Price Per SF
$512
Cap Rate
5.36%
NOI
$79,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.47
Lot Size
0.14 AC
Zoning
C1 - Limited Commercial
Parking
8 Spaces (2.57 Spaces per 1,000 SF Leased)
Frontage
52 FT on S Indian Canyon Dr
Amenities
- Balcony
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Envision Fine Art
- Arts, Entertainment, and Recreation
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Envision Fine Art | Arts, Entertainment, and Recreation | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (82)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 508-121-004 | Improvements Assessment | $1,108,991 |
| Land Assessment | $204,979 | Total Assessment | $1,313,970 |
PROPERTY TAXES
Parcel Number
508-121-004
Land Assessment
$204,979
Improvements Assessment
$1,108,991
Total Assessment
$1,313,970
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The Mint | 560-562 S Indian Canyon Dr
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