745 Palm Canyon Drive, Palm Springs, California 92262

Listed By Luca Realty Trust, Inc.

The Commercial Property for Sale located at Palm Springs, California 92262 is currently for sale. Palm Springs, California 92262 is listed for $4,600,000. If the property located at Palm Springs, California 92262 isn't what you're looking for, visit https://haussmannrealty.xomio.com to see other Commercial Properties for Sale in Palm Springs .

Date Updated : May 10, 2025

MLS#: 374382727

$4,600,000 USD

PATRICIA LEMIEUX
Patricia Lemieux
The details

Property features

Construction details

  • Year built: 1962

Other features

  • Heating system: Forced Air Central

Description

Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this +/-8,830SF retail/restaurant building with large privateparking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, thisarchitecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants--the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery--this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's mosttrafficked corridors. Their tenancy offers a combination of stability and upside.

Location

Palm Springs, California 92262
Map preview
Courtesy of Luca Volpe Luca Realty Trust, Inc.

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