Asking Price: $299,000 | ​​​​​​​

Position your business or next investment along one of the Coachella Valley’s most traveled corridors. This 9,583 SF commercial corner lot sits prominently at E Palm Canyon Drive and Bankside Drive, offering excellent visibility at a signalized intersection in the heart of Cathedral City. The property is already improved with a block wall, iron fencing and gated access, with water, sewer and utilities available in the street. Zoned CBP-2, the site offers flexibility for a variety of potential commercial, retail and investment uses, creating an opportunity for an owner-user, developer or investor to capitalize on a highly visible Highway 111 location. The property is also located within an Opportunity Zone, offering potential tax advantages for qualifying investments. Just minutes from Cathedral City’s Arts & Entertainment District, Agua Caliente Casino Cathedral City and approximately four miles from Palm Springs International Airport, the property benefits from strong year-round traffic and continued investment throughout the west valley. A well-positioned commercial parcel with visibility, access and infrastructure already in place, ready for its next chapter.