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664 668 Palm Canyon Dr
For Sale $4,950,000
$4,950,000
- Units
- Unknown Sq Ft
- 17,424 Sq Ft
- Unknown Cap Rate
Description
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. Seller open to an exchange for an out of state Commercial property, Hotel or residential income property. Oregon preferred.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,950,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 2 stories |
| Parking Spots | 17 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 505303012 |
| MLS # | 219142175PS |
| Property ID | 322546286 |
| Lot Sqft | 17,424 |
| Zoning | Unknown |
| Days on Market | 740,084 |
| Original List Price | $4,950,000 |
| Date Updated | February 18, 2026 |
| Date Created | November 30, -0001 |
| Land Value Unit Type | SF |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Scott Timberlake an agent of Realty Trust. Lic #01257645
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 18, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT