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61858 29 Palms Hwy

7,000 SF Vacant Retail Building Joshua Tree, CA 92252 £2,343,438 (£335/SF)

Investment Highlights

  • 7,000 RSF on 51,000 SF of Land
  • Strong Retail Corridor
  • Excellent Traffic Counts
  • Some Renovations Needed

Executive Summary

Unique Multi Unit Commercial opportunity. An Entire Block in Joshua tree on 8 adjacent parcels, 300 ft from the Park Blvd street turn into the park which sees over 3.5 million visitors each year. All lots are being sold as a package, and all structures will need renovations to some degree.
Call me to discuss the power of Joshua Tree. Retail Sales exceeding $1,500 psf annually on 29 Palms HWY.
-Entire Lot: Approx. 51,000 sqft
-61858 29 Palms Hwy. Approx. 4,800 sqft.
-61882 29 Palms Hwy. Approx. 800 sqft.
-61884 29 Palms Hwy. Approx. 400 sqft.
-6465 Center St. Approx. 1,000 sqft. (major renovations/tear down)
-6475 Center St. (torn down to dirt, structure no longer exists)
Parcel Numbers:
0603-112-04-0000
0603-112-09-0000
0603-112-08-0000
0603-112-02-0000
0603-112-01-0000
0603-112-05-0000
0603-112-06-0000
0603-112-07-0000

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
1970
Price
£2,343,438
Price Per SF
£335
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Lot Size
1.17 AC
Zoning
JT/CG-SCP
Parking
14 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
105 ft on 29 Palms Highway

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0603-112-01
  • 0603-112-02
  • 0603-112-08
  • 0603-112-08-1000
  • 0603-112-04-1000
  • 0603-112-06
  • 0603-112-04
  • 0603-112-07
Land Assessment
£670,403
Improvements Assessment
£434,964
Total Assessment
£1,105,367
  • Listing ID: 30793457

  • Date on Market: 26/01/2024

  • Last Updated:

  • Address: 61858 29 Palms Hwy, Joshua Tree, CA 92252

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