6550 N Indian Canyon Dr, Palm Springs, CA 92258

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6550 N Indian Canyon Dr is located in Palm Springs, CA.

REDUCED!! Great investment property. Building is being leased to Ballard's Western Wear for $4,500 a month until May 2011. Located at the I-10 and Indian Canyon off ramps and considered a main gateway to Palm Springs. Existing freeway interchange to be reconfigured and overpass widened to 6 lanes. Construction to begin Fall 2010. City of Palm Springs has plans to widen Indian Canyon into the city in the near future. Building is being leased to Ballard’s Western Wear through May 2011. 9,000 sq.ft. building has approximately 500 sq.ft. of office space and 8,500 sq.ft. of retail showroom. Single tenant Class D storage warehouse building. Sitting on 2.67 acres, the property is large enough to support a variety of uses. The interim use generates income until the market rebounds and it becomes financially feasible to remove the existing building and develop a commercial/industrial project on the site. Zoned RBC (Regional Business Commercial). This property has tremendous potential and is truly in the path of progress.