Rancho Mirage Office Sells for $1M

A private individual purchased the office building located at 72057 Hwy 111 in Rancho Mirage, CA for $1.05 million, or about $253 per square foot, from White Brothers Investment Co. The buyer plans to fix the building and use it for a medical practice. The medical office building totals 4,150 square feet on seven-tenths of an acre at the northwest corner of Hwy 111 and Desert Dr. in the Coachella Valley submarket of Riverside County. Thom Gottberg...



via Inland Empire Commercial Real Estate News From CoStar Group http://seattle.costargroup.com/News/Article/Rancho-Mirage-Office-Sells-for-$1M/147810?ref=/News/Article/Rancho-Mirage-Office-Sells-for-$1M/147810&src=rss