664-668 N Palm Canyon Drive, Palm Springs, CA 92262 (MLS# 219142175)

664-668 N Palm Canyon Drive, Palm Springs, CA 92262

$4,395,000

Property Type: Commercial Sale Square Footage: 11,387 Status: Active

Current Price: $4,395,000 List Date: 1/27/2026 Last Modified: 5/14/2026

Overview

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 ... (Read more)

Listing Details MLS# 219142175

General Property Information

Living Area: 11387
BuildingAreaSource: Other
Lot Size Area: 17424
Lot Size Source: Assessor
Year Built: 1960

Property Features

Business Type: Hospitality; Professional/Office Sale Type: Standard Listing Terms: Cash; Conventional; Standard Sale Showing Access: Do Not Contact Occupant Owner Pays: Insurance; Janitor; Sewer; Taxes; Water Lot Features: Level with Street; Walk Street Asset Class: Office; Retail Land Use: Office; Retail Survey: Buyer Pays Signage: Sign on Building Exterior Construction: Stone; Stucco Heating: Central; Forced Air Search Tags: Multi-Tenant; Parking Lot; Restaurant; Standalone; Street Retail Laundry: None Security Safety: Carbon Monoxide Detector(s); Exterior Security Lights; Smoke Detector Roofing: Composition; Flat; Tile Water: Water District Utilities: 220V in Kitchen; Underground Utilities; Water Meter on Property Disclosures: Historical Design

Listing Location and Property Info

Parcel Number: 505303012
Listing Contract Date: 2026-01-26
Original List Price: 4950000
Property Sub Type: Retail
Street #: 664-668
Street Direction Prefix: N
Street Name: Palm Canyon
Street Suffix: Drive
County: Riverside
State: CA
Postal Code: 92262
MLS Area: 332 - Palm Springs Central
Country: US

Listing Info

Exclusions: Any tenant personal property.
Accounting Type: Actual
Ownership Type: Corporation

Property Info

# Buildings: 2
Building Status: Existing
Building # of Stories: 2

Status Change Info

StatusChangeDate: 2026-01-27

More Information

Business Info

Cooling: Yes
Current Use: Restaurant / Retail / Office
Financing Available: No
Office Type: Multi Tenant
Sale or Lease: Sale
Laundry Equipment: No

Parking SpacesInformation

Carport Spaces: 6
OpenParkingSpaces: 11
Parking Total: 17

Water

Water District Name: Desert Water Agency

Owner Pays

A/C: Yes
Electric: Yes
Gas/Heat: Yes

Tenant Pays

A/C: Yes
Electric: Yes
Gas/Heat: Yes

Utilities

Electricity Connected: Yes

Road Surface Type

Paved: Yes

Lot Features

Landscaped: Yes
Lot Level/Flat: Yes
Near Public Transit: Yes

Heating

Electric: Yes

Search Tags

Office/Retail: Yes
Retail/Office: Yes

Listing Office: Realty Trust

Listing Agent: Scott Timberlake

Last Updated: May - 14 - 2026

Information deemed reliable but not guaranteed.