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Listing provided courtesy of Realty Trust- MLS# 219141389MLS Provider

707-745 N Palm Canyon DrivePalm Springs, CA 92262

Commercial · 8,830 Sq. ft.
$4,400,000 Active

707-745 N Palm Canyon Drive Overview

Time on Site:
166 days
Visits:
1

Step into a rare opportunity to own a truly iconic piece of Palm Springs' architectural and cultural history. Located in the bustling Uptown Design District, this ±8,830SF retail/restaurant building with large private parking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, this architecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs' most celebrated tenants—the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery—this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city's most trafficked corridors. Their tenancy offers a combination of stability and upside.

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707-745 N Palm Canyon Drive Facts & Features

  • Type Commercial
  • Sq. ft. 8,830
  • Price/Sq.ft. $498

Details

General

Building Information

  • Year Built: 1962

Business Information

  • Business Type: Hospitality

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 332 - Palm Springs Central

Rent/Lease Information

  • Tenant Pays: A/C,Electric,Gas/Heat,Janitor

General Information

  • Exclusions: Any and all tenant personal property.
  • Listing Terms: Cash,Conventional
  • Parcel Number: 505283007
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Other
  • Building Area Total: 8830.0

General Information

  • Living Area: 8830.0
  • Security Features: Smoke Detector
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking Spaces: 38.0
  • Parking Total: 38.0

Lot Information

  • Lot Size Area: 31363.0
  • Number Of Buildings: 1

Building Exterior/Construction

  • Construction Materials: Stucco
  • Roof: Flat

General Information

  • Utilities: Natural Gas Available,Underground Utilities,Electricity Connected

707-745 N Palm Canyon Drive Neighborhood

Palm Springs, California, Community Guide | Bennion Deville Homes

Nestled at the base of the San Jacinto Mountains, the beautiful desert resort city of Palm Springs, California, is an international destination for outdoor sport enthusiasts, Mid-Century architecture admirers, and fans of the glamour of Golden Era Hollywood. Palm Springs is located approximately 110 miles southeast of Los Angeles and 140 miles northeast of San Diego, making it an ideal distance for Southern California residents to escape for a quick getaway weekend or the perfect locale for a second home. Search Palm Springs homes for sale.

About Palm Springs, California, Community Guide | Bennion Deville Homes

Community

92262 (Palm Springs) Demographics

53
Median Age
775
Population Density (per sq. mile)
48%
College Educated
$55,757
Estimated Median Income
8,518
Estimated Total Home Owners
5,359
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

707-745 N Palm Canyon Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

707-745 N Palm Canyon Drive Market Data

Based on the last 30 days in this zip code

$1,100,247
Average List Price
$617
Average Price per Square Foot
107
Properties Sold
98
Average Days on Market
1,171
Properties for Sale
Calculations provided by Reliance Network

707-745 N Palm Canyon Drive History

Date Event Value Agent
1/14/2026Source: CRMLS Added to Database
January 14, 2026
1/14/2026Source: California Desert MLS Added to Database
January 14, 2026
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