73995 El Paseo, Palm Desert, CA 92260

$6,800,000
Property Type: Commercial Sale Square Footage: 24,000 Status: Closed
Current Price: $6,800,000 List Date: 10/29/2025 Last Modified: 1/12/2026

Overview

Description

Prime real estate corner-El Paseo and Portola-property consists of ex. Roberge Jewelers at 73995 El Paseo dr. PD CA 92260 and Mitch's restaurant at 73951 El Paseo dr. PD CA 92260. Total sq.ft of the 2 buildings varies from one source to another and ranges from 23000 sq. ft to 26000 sq.ft . Property has 2 residential units on the top of the Roberge Jewelers building,toward the parking lot in the back and they are listed separately for rent -call LA for more info and showings.Ex-Roberge Jewelers building -approximatelt 11475 sq. ft -1st level -and 232 sq.ft cat walk-is also available for lease as a whole or can be partitioned into smaller units.-call LA for showings or more info! Mitch's restaurant is currently under lease contract and upon accepted offer ,info on the lease will be provided. There are a total of 4 lots with one APN number.

Listing Details MLS# 219134193

General Property Information

Living Area
24000
BuildingAreaSource
Other
Lot Size Area
81022
Lot Size Source
Assessor
Year Built
1996

Property Features

Business Type: Arts and Entertainment; Professional/Office; Shopping Center Sale Type: Standard Financing: New Listing Terms: Cash; Submit; Take Property As Is Lot Features: Corners Established; Level with Street; Lot Shape - Rectangular; Walk Street Parking Features: Additional Parking; Alley Access; Common; Parking Lot Building Features: Living Quarters; Phone System Exterior Features: Lighting Land Use: Retail Signage: Sign Freestanding; Sign on Building Exterior Construction: Stucco Heating: Forced Air Search Tags: Build to Suit; Car Lot; Car Wash; Condos; Drive-Thru; Industrial Retail; Live/Work; Multi-Tenant; Parking Lot; Parking Structure; Recreation Use; Restaurant; Single Tenant; Special Use; Street Retail Laundry: In Unit; Inside; Laundry Area; Own; Room Security Safety: Owned; Smoke Detector; TV Roofing: Clay Tile Water: In Street; Meter on Property; Paid; Water District Utilities: 220V in Kitchen; 220V in Workshop Electric: Heavy Contingent Upon: Inspection Disclosures: Property As Is

Listing Location and Property Info

Parcel Number
627272005
Listing Contract Date
2025-08-20
Original List Price
7500000
Property Sub Type
Combo - Res & Com
Street #
73995
Street Name
El Paseo
County
Riverside
State
CA
Postal Code
92260
MLS Area
323 - Palm Desert South
Country
US

Listing Info

Exclusions
tbd

Property Info

# Units
2
# Buildings
2
Building Status
Existing
Building # of Stories
Yes

Status Change Info

StatusChangeDate
2026-01-12
Purchase Contract Date
2025-12-15
Close Date
2026-01-09
Close Price
6800000

More Information

Parking SpacesInformation

OpenParkingSpaces
35
Parking Total
35

Business Type

Residential
Yes

Utilities

Natural Gas Connected
Yes

Road Surface Type

Paved
Yes

Listing Terms

Contract
Yes

Lot Features

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

Parking Features

On Site
Yes
On Street
Yes

Road Frontage Type

City Street
Yes

Exterior Features

Misting System
Yes

Search Tags

Mixed Use
Yes
Office/Retail
Yes

Water

On Site
Yes
Listing Office: Windermere Real Estate
Listing Agent: Slavyan S Panayotov
Last Updated: January - 12 - 2026
Information deemed reliable but not guaranteed.