490 S Palm Canyon Dr, Palm Springs, CA, 92262

490 S Palm Canyon Dr Palm Springs, CA 92262

490 S Palm Canyon Dr, Palm Springs, CA, 92262
490 S Palm Canyon Dr, Palm Springs, CA, 92262 490 S Palm Canyon Dr, Palm Springs, CA, 92262 490 S Palm Canyon Dr, Palm Springs, CA, 92262 490 S Palm Canyon Dr, Palm Springs, CA, 92262
FOR SALE
Property Type:
Free Standing Building
Amount:
$4,500,000
Last Verified:
Dec 08, 2023

Highlights

  • Originally built and designed in 1959 for Saks Fifth Avenue, the property has unique and coveted history which is highly sought for Palm Springs buyers.
  • Designed by Welton Becket, acclaimed architect of iconic properties including the Capital Records Tower, the Theme Building @ LAX, and the LA Music Forum.
  • Mid-century modern architecture combined with its origins rooted in Palm Springs history.
  • Its corner location provides visibility and extended frontage on Ramon.
  • Existing domes slated for demolition and are currently being permitted through the City of Palm Springs.
  • Neighboring properties include large original mid-century retail structures that have been restored and lend to the intersections appeal.
  • Original Saks Fifth Avenue fixtures remain and add to the property's charm and authenticity.
  • The valuable architectural features, such as living walls, fountains, and lava rock exterior, can be restored to enhance the property's appeal and create a distinctive atmosphere.
  • The grand entry with the original wrought iron railing, staircase, and massive chandeliers adds to its appeal and character.
  • The interior floor plan with the second floor open to the first floor offers a spacious and open layout, which is still utilized in Saks Fifth Avenue today.

Description

┬▒22,845 SF HISTORIC MID-CENTURY FREESTANDING BUILDING

Located on the corner of S Palm Canyon Drive and Ramon Ave


Year Built: 1959
Building Size: 22845sq ft
Lot Size: 31821.0 acres


Documents

Palm Springs - 490 S Palm Canyon.pdf

Map of 490 S Palm Canyon Dr, Palm Springs, CA, 92262

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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