5727 Adobe Road

29 Palms, CA 92277

$255,000

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Property Description

PRICE REDUCTION. Do not miss this INVESTMENT OPPORTUNITY on a high traffic corner in the heart of 29 Palms. Price includes 3 Occupied Commercial Retail Buildings with long term leases and a one bedroom studio apartment currently leased. Tenants include Studio 10 Hair Salon, Ink Bomb Tattoo, and Tax Consultant , all proudly providing services for the military and their families. Owner has invested over 50K in improvements including new roofs, paved lots and fresh paint. Tenants have added additional improvements including new signage, paint and other interior upgrades. Located on corner of Adobe Rd. and Two Mile Rd in the Historic Plaza and with the Phoenix Project close to completion in downtown, this is an excellent investment in up and coming Twentynine Palms.

Listing Information

Close Price $255,000
Close Date Monday, March 25th, 2024
Status Closed
MLS JT21173186
Type Commercial
Subtype Mixed Use
Lot Size 3,498
Structure Size N/A
DOM 900
Courtesy Of The Glen Realty
Listing Agent Mark Mihalik DRE#02033510

Interior Features

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Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Mark Mihalik, The Glen Realty 760-365-3328. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 29th, 2024 at 3:30 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.