For sale · Active

68555 Palm Canyon Drive

Cathedral City, CA 92234

$979,000
Lot size0.15 acres
Property typeCommercial Sale
View map ↗

Listing broker / agent: Coldwell Banker Realty · David Emerson · CRMLS

MLS # 219153413PS · Last checked Oct 19, 2026 10:46 UTC

About this property

Rare opportunity to own a high-visibility free-standing commercial building in the heart of Cathedral City's growing downtown district. Located directly across from Cathedral City Hall, this approximately 2,412-square-foot, single-level property offers prominent frontage along East Palm Canyon Drive/Highway 111, the primary commercial corridor connecting Palm Springs with the greater Coachella Valley. Currently owner-occupied as a law office, the building is well suited for a legal or professional practice, medical or dental clinic, financial services firm, design studio, boutique retail concept, art gallery, showroom or other creative owner-user opportunity. PCC, Planned Community Commercial zoning, also provides potential for restaurant, cafe and additional service-commercial uses, subject to City approval. Features include multiple entrances, accessible rear entry, alley access, two refurbished HVAC systems and approximately 15-16 reported parking spaces. Surrounded by City Hall, restaurants, Starbucks, Chipotle, retail and expanding downtown investment, this property offers strong visibility, convenient access and excellent business identity just minutes from Palm Springs. Buyer to verify all property information, zoning, parking, permitted uses and required approvals.

Property details

MLS number
219153413PS
Status
Active
Type
Commercial Sale
Lot size
0.15 acres
County
Riverside
Year built
1958
More property detailsExpandCollapse

Listing

Days on market
0

Building

Year built
1958
Building stories
1

Exterior & parking

Total parking spaces
0
Lot size source
Assessor

Fees & lease terms

Association fee
$0.00
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Cathedral City Elementary Palm Springs Unified · Cathedral City K–5 1.1 mi
Nellie N. Coffman Middle (school website, opens in a new tab) Palm Springs Unified · Cathedral City 6–8 1.5 mi
Cathedral City High (school website, opens in a new tab) Palm Springs Unified · Cathedral City 9–12 1.9 mi
Cielo Vista Charter (school website, opens in a new tab) Palm Springs Unified · Palm Springs K–8 3.1 mi
Mt. San Jacinto High (school website, opens in a new tab) Palm Springs Unified · Cathedral City 9–12 3.1 mi
Sunny Sands Elementary Palm Springs Unified · Cathedral City K–5 3.1 mi
Agua Caliente Elementary (school website, opens in a new tab) Palm Springs Unified · Cathedral City K–5 3.4 mi
Rancho Mirage High (school website, opens in a new tab) Palm Springs Unified · Rancho Mirage 9–12 3.4 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$979,000
MLS-reported original asking price
$979,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:03$979,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Cathedral City

Active residential homes for sale in Cathedral City, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings211Current authorized inventory
Median asking price$509,000211 listings with a valid price
Median asking price / sq ft$281.6859 listings with confirmed sq ft
Median days on market24211 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction22
Listings with an increase0

22 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-19 11:29 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.