72067 Highway 111
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72067 Highway 111
4,800 SF Office Building Rancho Mirage, CA 92270 $3,898,988 ($812/SF)
Investment Highlights
- Business & Real Estate Opportunity
- Building may be sold or leased as part of the business sale.
- Iconic Round Building
Executive Summary
***Reduced Price***
Rancho Mirage's Iconic Round Building
Notable, high-end Interior design firm and real estate opportunity.
Included in the sale: Real estate, high-end showroom, and headquarters office.
Company: 6 full time employees (In-house design team, bookkeeper and construction superintendent. Two work vehicles are included as well as inventory valued at one million dollars and several pending/ in progress jobs.
Company is located in a recently fully renovated showcase commercial showroom/ corporate headquarters which is included in the price.
The business-only may be purchased with a set long-term lease back on the subject building.
Rancho Mirage's Iconic Round Building
Notable, high-end Interior design firm and real estate opportunity.
Included in the sale: Real estate, high-end showroom, and headquarters office.
Company: 6 full time employees (In-house design team, bookkeeper and construction superintendent. Two work vehicles are included as well as inventory valued at one million dollars and several pending/ in progress jobs.
Company is located in a recently fully renovated showcase commercial showroom/ corporate headquarters which is included in the price.
The business-only may be purchased with a set long-term lease back on the subject building.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,800 SF
Building Class
B
Year Built/Renovated
1980/2021
Price
$3,898,988
Price Per SF
$812
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,800 SF
Building FAR
0.48
Lot Size
0.23 AC
Zoning
CG - General Commercial: Appropriate for a variety of smaller commercial centers, specialty retail shops, clothing, jewelry & personal service shops.
Parking
13 Spaces (2.71 Spaces per 1,000 SF Leased)
Amenities
- Signage
- High Ceilings
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 682-350-001 | Improvements Assessment | $897,600 |
| Land Assessment | $224,400 | Total Assessment | $1,122,000 |
PROPERTY TAXES
Parcel Number
682-350-001
Land Assessment
$224,400
Improvements Assessment
$897,600
Total Assessment
$1,122,000
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72067 Highway 111
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