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Listing provided courtesy of Midwest Pacific Investment Co.- MLS# 219142349MLS Provider

12695 Palm DriveDesert Hot Springs, CA 92240

Commercial · 22,216 Sq. ft.
$799,000 Active

12695 Palm Drive Overview

Time on Site:
150 days
Visits:
0

OWNER FINANCING AVAILABLE! Unique Opportunity! Already producing income. 3 Parcels, totaling over 1/2 acre of Land Is now FOR SALE for the first time in over 50 Years! Formally Desert Hot Springs Florist & Garden Center. Currently Zoned MU-C, the possibilities for permitted uses are vast! APN 641-082-022 has 3 Office Units that are currently rented. APN 641-082-023 is a building with over 3,300 square feet that can be almost anything you can imagine. APN 641-082-024 is residential unit, 2BR/2BA currently rented. Adjacent to that unit is another Unit that can be remodeled for additional income. Some of the permitted uses for these APN's are Financial Institution, Medical Dental Office, Food Preparation, Restaurant, Marijuana/Cannabis Testing, Event Facility, Tutoring/Education Center, Art Gallery, Health/Fitness Facility, Multifamily, Supportive/Transitional Housing, Convenience Store, Animal Boarding/Kennels, Grooming, Veterinary Services and So Much More!

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12695 Palm Drive Facts & Features

  • Type Commercial
  • Sq. ft. 22,216
  • Price/Sq.ft. $36

Details

General

Building Information

  • Year Built: 1976

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 340 - Desert Hot Springs

General Information

  • Disclosures: Building Permit
  • Parcel Number: 641082023
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 22216.0

General Information

  • Living Area: 22216.0

Exterior

12695 Palm Drive Neighborhood

Desert Hot Springs

Desert Hot Springs, also referred to as "DHS", is a Riverside County city located in the Coachella Valley north of Palm Springs. The city’s name is derived from the numerous natural hot springs that dot the landscape. It is one of the few places in the world to boast naturally occurring hot and cold mineral springs due to the presence of two aquifers that are separated by the Mission Creek Fault, a branch of the San Andreas Fault. 

About Desert Hot Springs

Community

92240 (Desert Hot Springs) Demographics

37
Median Age
981
Population Density (per sq. mile)
23%
College Educated
$40,456
Estimated Median Income
6,801
Estimated Total Home Owners
6,154
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
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.

12695 Palm 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.

12695 Palm Drive Market Data

Based on the last 30 days in this zip code

$423,362
Average List Price
$252
Average Price per Square Foot
45
Properties Sold
92
Average Days on Market
498
Properties for Sale
Calculations provided by Reliance Network

12695 Palm Drive History

Date Event Value Agent
6/29/2026Source: CRMLS Price Reduction
$799,000 -7.0%
6/28/2026Source: California Desert MLS Price Reduction
$799,000 -7.0%
6/18/2026Source: CRMLS Status Change
Active
6/18/2026Source: California Desert MLS Status Change
Active
6/17/2026Source: CRMLS Status Change
Closed
6/17/2026Source: California Desert MLS Status Change
Closed
2/21/2026Source: CRMLS Price Reduction
$859,000 -2.3%
2/21/2026Source: California Desert MLS Price Reduction
$859,000 -2.3%
1/30/2026Source: CRMLS Added to Database
January 30, 2026
1/30/2026Source: California Desert MLS Added to Database
January 30, 2026
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