266 S Palm Canyon Drive, Palm Springs, CA 92262

$4,699,995
Property Type: Commercial Sale Square Footage: 7,000 Status: Active
Current Price: $4,699,995 List Date: 1/30/2026 Last Modified: 9/01/2026

Overview

Description

This is an unparalleled opportunity to own an iconic, trophy building situated in the vibrant heart of downtown Palm Springs. The Village, a legendary and thriving establishment, has been a cornerstone of the city's dynamic entertainment scene since its inception in 1996. Conceived as a high-energy venue with an international flair, The Village filled a unique niche by offering a seamless blend of dining, entertainment, and nightlife—serving great food, providing captivating entertainment, and hosting dancing until 2 a.m., seven nights a week. Over the years, The Village has maintained its status as a cutting-edge destination, continuously adapting and evolving under progressive management. Today, it remains a premier venue catering to a diverse clientele for dining, drinks, and dancing. Prime Downtown Location Located in the bustling heart of downtown Palm Springs, this property benefits from unparalleled visibility and foot traffic, making it a prime location for business succes ...

Listing Details MLS# 219142335

General Property Information

Living Area
7000
BuildingAreaSource
Other
Total SqFt Max
10000
Total SqFt Min
9600
Lot Size Area
7405
Leasable SqFt
7000
Lot Size Source
Assessor
Retail SqFt
7000
Year Built
1981
CrossStreet
W Baristo Rd

Property Features

Business Type: Arts and Entertainment; Hospitality Sale Type: Standard Financing: New Listing Terms: All Inclusive Trust Deed; Exchange Down; Exchange Up; Fractional Interest; Owner May Carry; Standard Sale Showing Access: Video Available Tenant Pays: Sewer; Water Lot Features: Corners Established; Level with Street; Lot 6500-9999 SqFt; Lot Shape - Rectangular Asset Class: Retail; Specialty Building Features: Phone System; TV System Land Use: Retail Survey: Buyer Pays Exterior Construction: Block; Brick; Combination; Concrete; Stucco; Vertical Siding; Wood Heating: Central; Forced Air Search Tags: Multi-Tenant; Restaurant; Single Tenant; Special Use; Street Retail Security Safety: 24 Hour; Carbon Monoxide Detector(s) Roofing: Fire Retardant; Metal Water: Fire Hydrant; In Street; Meter on Property Utilities: 220V in Kitchen; Cable TV; Underground Utilities; Water Meter on Property Electric: Heavy Disclosures: Building Plans Available

Listing Location and Property Info

Parcel Number
513154016
Listing Contract Date
2026-01-23
Original List Price
4699995
Property Sub Type
Retail
Street #
266
Street Direction Prefix
S
Street Name
Palm Canyon
Street Suffix
Drive
County
Riverside
State
CA
Postal Code
92262
MLS Area
332 - Palm Springs Central
Country
US

Listing Info

Accounting Type
Actual
Ownership Type
LLC

Tax Info

Property Tax Expense
15300

Property Info

Entry Floor Number
Yes
Business Name
The Village Pub
# Buildings
Yes
Building Status
Existing
Building # of Stories
2

More Information

Status Change Info

StatusChangeDate
2026-01-29

Expenses

Insurance
16000

Income

Gross Monthly
29400

Business Info

Financing Available
Yes
Investment Property
Yes
Lease Type
Gross
Total Tenants
Yes

Water

Water District Name
Palm Springs Water District
On Site
Yes

Tenant Pays

A/C
Yes
Electric
Yes
Gas/Heat
Yes
Phone
Yes

Utilities

Electricity Connected
Yes
Natural Gas Available
Yes
Phone Connected
Yes

Road Surface Type

Paved
Yes

Financing

Contract
Yes

Lot Features

Landscaped
Yes
Lot Level/Flat
Yes
Near Public Transit
Yes
Sprinkler System
Yes

Exterior Features

Misting System
Yes

Heating

Natural Gas
Yes

Search Tags

Mixed Use
Yes
Office/Retail
Yes

Security Safety

Fire & Smoke Detection System
Yes
Listing Office: Coldwell Banker Realty
Listing Agent: Zoltan R Posa
Last Updated: September - 01 - 2026
Information deemed reliable but not guaranteed.