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Kaptur Plaza has become an Iconic Palm Springs landmark, restored completely in 2018 including all mechanicals, plumbing, electric and new roofs. A featured destination on the Historic Register for award winning design and architecture by renowned Mid-Century architect, Hugh Kaptur. Mills act in place reducing the annual property taxes significantly. 2 parcels with approx. 32,000 sf of interior space and 145,926 sf of FEE SIMPLE land in the heart of downtown Palm Springs. Thes prime 3.35 Acres of Fee Simple land strategically located in Section 14 has an exceptional land value along the Tahquitz Corridor. Zoning allows mixed uses: office, retail and, Medical. Featured Tenants include Koffi (their #1 Store / Location in the Valley!), Revive Wellness, V Wine Lounge and on-site professional property management by Realty Trust, Asset Management, a leader in Real Estate sales and commercial leasing. Fully leased, constantly high occupancy rates and diversified uses offering / including Executive Suites with receptionist and shared amenities. New Construction planned to start in 2027 behind Kaptur Plaza by Nexus Development. This exceptional development will greatly enhance the location with high rise condominiums, and a Luxury Hotel (see attachment). Please do not disturb our tenants. Financials available to pre-qualified buyers.
The income description goes here to explain
| List Price | $11,000,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1973 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 508055003 |
| MLS # | 219143989PS |
| Property ID | 322633457 |
| Lot Sqft | 145,926 |
| Zoning | Unknown |
| Total Units | 14 |
| Days on Market | 740,083 |
| Original List Price | $11,000,000 |
| Date Updated | March 06, 2026 |
| Date Created | November 30, -0001 |
| Land Value Unit Type | SF |
Financials not available online. Please inquire with your agent for more details.
Scott Timberlake an agent of Realty Trust. Lic #01257645
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 06, 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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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT