New ListingPosition your business or next investment along one of the Coachella Valley's most traveled corridors. This 9,583 SF commercial corner lot sits prominently at E Palm Canyon Drive and Bankside Drive, offering excellent visibility at a signalized intersection in the heart of Cathedral City. The property is already improved with a block wall, iron fencing and gated access, with water, sewer and utilities available in the street. Zoned CBP-2, the site offers flexibility for a variety of potential commercial, retail and investment uses, creating an opportunity for an owner-user, developer or investor to capitalize on a highly visible Highway 111 location. The property is also located within an Opportunity Zone, offering potential tax advantages for qualifying investments. Just minutes from Cathedral City's Arts & Entertainment District, Agua Caliente Casino Cathedral City and approximately four miles from Palm Springs International Airport, the property benefits from strong year-round traffic and continued investment throughout the west valley. A well-positioned commercial parcel with visibility, access and infrastructure already in place, ready for its next chapter.
| MLS # | IG26213965 |
|---|---|
| Listing Type | For Sale |
| Style | Unimprovedland |
| Sub-Type | Resale |
| Status | Active |
| Year | 1974 |
| Days On Site | 3 |
| Listing Provided By | KELLER WILLIAMS-LA QUINTA | Alan Sarrail |
| Story(s) | 1 |
|---|---|
| Zoning | C-P-S |
| Acreage | 0.22 |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Roof | None |
|---|---|
| Lot Features | Irregular Lot, Value In Land |
| Fencing | Masonry, Wrought Iron, Wire |
| Utilities | Electricity Available, Natural Gas Available, Phone Available, Sewer Available |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Cathedral City |
| Zip Code | 92234 |
| Area | 336 Cathedral City South |
| Listing VS Median (in 92234) | |
Price: $299,000 low | high Med: $970,800 On site: 3 low | high Med: 109 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Cathedral City |
| Zip Code | 92234 |
| Area | 336 Cathedral City South |
| Listing VS Median (in 92234) | |
Price: $299,000 low | high Med: $970,800 On site: 3 low | high Med: 109 | |