490 S Palm Canyon Dr

490 S Palm Canyon Dr, Palm Springs, CA

$4,500,000

Price

22,845 sqft

Building Size

31,821 acres

Lot Area

Overview
Building Size
22,845 sqft
Lot Area
31,821 acres
Year Built
1959
Floors
1
Description

±22,845 SF HISTORIC MID-CENTURY FREESTANDING BUILDING

Located on the corner of S Palm Canyon Drive and Ramon Ave

Highlights
  • Originally built and designed in 1959 for Saks Fifth Avenue, the property has unique and coveted history which is highly sought for Palm Springs buyers.
  • Designed by Welton Becket, acclaimed architect of iconic properties including the Capital Records Tower, the Theme Building @ LAX, and the LA Music Forum.
  • Mid-century modern architecture combined with its origins rooted in Palm Springs history.
  • Its corner location provides visibility and extended frontage on Ramon.
  • Existing domes slated for demolition and are currently being permitted through the City of Palm Springs.
  • Neighboring properties include large original mid-century retail structures that have been restored and lend to the intersections appeal.
  • Original Saks Fifth Avenue fixtures remain and add to the property's charm and authenticity.
  • The valuable architectural features, such as living walls, fountains, and lava rock exterior, can be restored to enhance the property's appeal and create a distinctive atmosphere.
  • The grand entry with the original wrought iron railing, staircase, and massive chandeliers adds to its appeal and character.
  • The interior floor plan with the second floor open to the first floor offers a spacious and open layout, which is still utilized in Saks Fifth Avenue today.
Documents

Location
Gallery