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664 668 Palm Canyon Drive Palm Springs, CA 92262
$4,950,000 0 beds, 0 baths
0 sqft
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Agent Remarks

Prime 100% Leased Investment Opportunity in the Heart of Palm Springs' Historic Uptown District. Located in one of Palm Springs' most desirable corridors, this impeccably maintained property offers exceptional visibility and charm. Dual Architecture, Mid Century Modern and Spanish, situated on a single tax lot with two distinct addresses. The offering includes: 668 Building - A striking Mid-Century Modern commercial space ideal for retail, office, or mixed use. 664 Building - A beautifully preserved Spanish-style property, home to the renowned and successful Jake's Restaurant boasting high foot traffic and excellent street frontage. In 2024 Jakes expanded its operation and a new fully renovated lobby, additional indoor seating, kitchen and restrooms. Off-street parking exclusively for tenants. This property is both functional and aesthetically unique. The 668 building features two common area restrooms on the second floor, while the ground-floor retail units each have private restrooms. Additional highlights include a fully paid solar system on the 668 building--enhancing sustainability and reducing operational costs. Currently under application for the Mills Act for a potentially significant property tax reduction. Fully occupied, please do not disturb tenants.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 219130126PS
List price is $4,950,000 Reduced by $550,000 on 6/9/2025
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1960
0.40 acres
Lot size: 0.4000
County: Riverside
Lot description: Landscaped,Near Public Transit,Street Level
Heating description: Central,Electric,Forced Air
MLS area: 332 - Central Palm Springs

Last Updated: 6/9/2025

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This listing belongs to the 332 - Central Palm Springs MLS area

Lat/Long: 33.832813, -116.546396.
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Listing Agent: Scott Timberlake
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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