Skip to main content

Millman Team Real Estate

$4,400,000
0.72 Acre Lot

707 745 Palm Canyon Drive, Palm Springs, California 92262

  • Commercial Sale Property Type
  • 1962 Year Built
Property Description

Step into a rare opportunity to own a truly iconic piece of Palm Springs’ architectural and cultural history. Located in the bustling Uptown Design District, this +/-8, 830SF retail/restaurant building with large privateparking lot (Lot size: 0.72AC) is a masterwork of Mid-Century Modern architecture. Originally designed in 1962 by the legendary John Porter Clark and Albert Frey. Known locally as the iconic Turonnet Building, thisarchitecturally significant property features original travertine walls and preserved interior elements that pay homage to its origins as a bank and art gallery. Anchored by two of Palm Springs’ most celebrated tenants–the nationally acclaimed TRIO Restaurant and the popular The SHAG store art gallery–this asset offers not only irreplaceable architectural value but also rock-solid investment fundamentals. TRIO, occupying three suites (707, 715 & 725 subleased to Time+Space Limited), has been a staple in the community for years and continues to thrive in one of the city’s mosttrafficked corridors. Their tenancy offers a combination of stability and upside.

Basic Details
Commercial Sale
For Sale
219141389PS
$4,400,000
1962
0.72 Acre
Active
: Flat
Features
: Central, Forced Air
: Electricity Connected, Natural Gas Available, Underground Utilities
$0
Address Map
CA
Riverside
Palm Springs
92262
Palm Canyon
707 745
Drive
W117° 27' 9.8''
N33° 49' 59.9''
In the heart of Uptown Palm Springs. Property located on the west side of Palm Canyon Dr at the corner of W Merito Place, just south of Tamarisk Road.
332 - Central Palm Springs
Additional Information
$0
$0
$0
$0
$0
: Corner Lot
2026-01-14
1
Broker/Agent Information
Realty Trust
Luca Volpe
Listing Information
Mike Kassinger
PS40401
PS8642
Realty Trust
PS51652
PS8642
Cash, Conventional
Active
2026-06-12T17:13:45Z
CRMLS
: Standard
2026-01-13T22:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us