71956 Magnesia Falls Drive Rancho Mirage, CA $ 1,797,000
71956 Magnesia Falls Drive
$ 1,797,000
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71956 Magnesia Falls Drive

Rancho Mirage, CA, 92270
$ 1,797,000
Baths0.0

Monthly Estimate*

$ 12,553

Listed by Castle Realty Group, Inc.
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Studio

Commercial Property for sale in Rancho Mirage, CA

for $1,797,000. This building was built in 1776 on a lot size of 0.53.

Welcome to an exceptional investment prospect that promises both location and versatility. Nestled in the bustling heart of Rancho Mirage, this remarkable property on Magnesia Falls holds immense potential. Strategically positioned just moments away from the dynamic retail thoroughfare, Hwy. 111, and directly across from The River, CVS, and the iconic In-N-Out restaurant, this building offers an extraordinary opportunity for discerning investors. Key Features: Strategic Location: Situated on Magnesia Falls, this property benefits from its proximity to the bustling retail hub of Hwy. 111. Endless Possibilities: Currently operating as an eye care center, this building opens doors to a world of possibilities. Seamlessly transition into a medical or professional office, or explore the potential of dividing it into two distinct units. The layout offers versatility tailored to your vision. Adequate Parking: With approximately 20 convenient onsite parking spaces, your clients and customers will always find parking a breeze. Additionally, street parking in close proximity further enhances accessibility. Don't miss out on this rare chance to acquire a strategic property that blends prime location with endless potential. Contact us today to explore how this building can become your next visionary venture in Rancho Mirage's thriving landscape. Act swiftly to secure a future filled with possibilities!

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Commercial Active

Price

$ 1,797,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

MixedUse

Lot Size

0.53

Year Built

1776

Town/City

Rancho Mirage

County/Region

Riverside

MLS | Web ID

219108005DA

Days on Market

65

Features
General
HOA 0.0
Year Built 1776
Property SubType MixedUse
Business Type HealthServices
County Riverside
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Highway 111 to 71956 Magnesia Falls
City Rancho Mirage
View Y/N N
Senior Community Y/N N
MLS Area 321 - Rancho Mirage
Lot Size Square Feet 23087.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Magnesia Falls
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 55
Standard Status Active
Property Sub Type Additional MixedUse
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Exterior
Total Parking 0.0
Lot Size Area 23087.0
Spa N
Lot Size Acres 0.53
Lot Size Units SquareFeet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 71956
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* Excluded Features
List By
Castle Realty Group, Inc.

Broker

(760) 399-6555

Phone

Affordability Calculator

$12,553
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,553
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$1,797,000 -0.06% Price Down
3/22/2024$1,798,000 -0.06% Price Down
3/6/2024$1,799,000 Listed Price

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71956 Magnesia Falls Drive, Rancho Mirage, CA, 92270 is a Commercial Property for sale at $1,797,000 with a lot size of 0.53. 71956 Magnesia Falls Drive is a studio with 0.0 baths and was built in 1776. The property's zip code is 92270 which is in Rancho Mirage, CA