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$2,500,000 Sale Pending
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Property Description
NOIA Building/Cap Rate 8.9/ Seller Financing and Trades Accepted! The NOIA Building is anchored by Sherman's Deli & Bakery and it's occupants are a variety of businesses ranging from retail, services and real estate.There is ample on-site parking and the property has been completely remodeled and redecorated, and the exterior has recently been re-painted. Tenants have high speed internet as well as paid utilities (except phone). Management is included. Security available.
The property is currently 100% occupied.
In the heart of Palm Springs, the NOIA building is located one block from the new downtow City Center, the Spa Hotel & Casino as well as the Hard Rock Hotel and the Palm Springs Convention Center.
This property is on leased land and there are 35 years left on the lease. Owner financing is available, trades accepted!
Full Property Details
Full Property Details for 401 E Tahquitz Canyon Way
General
- Price: $2,500,000
- Status: Pending
- Type: Retail
- Source: MRMLS
- MLS ID: NP17030554
- Updated: 10/3/2024
- Added to Site: 3, 048 day(s) ago
Location
- County: Riverside
- Building Name: NOIA Building
- Driving Directions: Cross Streets: N Palm Canyon Drive
Heating & Cooling
- Cooling Type: Central Air
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 22659
- Square Feet: 22,659
- Year Built: 1985
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 1.44
- Useable Acres: 1.44
- Lot Size (Sq. Ft.): 62,726
- Lot Size Source: Assessor
- Lot Features: Level with Street, Lot Over 40000 Sqft, Walkstreet
- Lot Description: Level with Street, Lot Over 40000 Sqft, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $110
- Operating Expenses: $217,561
Disclosures and Reports
- Investment: Yes
- Property ID: 9602248
Listed by Larry Strong Commercial Real E, LarryStrong
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Schools
Schools serving 401 E Tahquitz Canyon Way
School District:Palm Springs Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
833 E Mesquite Ave, Palm Springs, CA 92264 | K-5 | 1.1 mi | |
1011 E Vista Chino, Palm Springs, CA 92262 | 6-8 | 1.5 mi | |
2401 E Baristo Rd, Palm Springs, CA 92262 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 E Tahquitz Canyon Way
Date
Details
Price
Change
Source
2/10/2017
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 E Tahquitz Canyon Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$53,622
-2%
$3,940,297
2%
2023
$54,554
—
$3,863,038
2%
2022
$54,616
2%
$3,787,293
2%
2021
$53,599
4%
$3,713,034
1%
2020
$51,381
2%
$3,674,962
2%
2019
$50,574
2%
$3,602,905
2%
2018
$49,713
17%
$3,532,260
20%
2017
$42,557
4%
$2,943,732
2%
2016
$41,066
4%
$2,886,012
2%
2015
$39,379
2%
$2,842,664
2%
2014
$38,570
—
$2,786,983
—
2013
$38,571
—
$2,774,389
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 E Tahquitz Canyon Way
401 E Tahquitz Canyon Way, Palm Springs, CA 92262 (MLS# NP17030554) is a Retail property. 401 E Tahquitz Canyon Way is currently listed for $2,500,000 and was received on February 10, 2017. Want to learn more about 401 E Tahquitz Canyon Way? Do you have questions about finding other Retail real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.