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Free-Standing Commercial Building + Adjacent Lot – Prime 29 Palms Investment Opportunity.........An excellent investment opportunity awaits with this 4,200 sq ft free-standing commercial building plus an additional adjacent lot, offering a combined 29,648 sq ft (0.68 acres) of land in the growing downtown area of Twentynine Palms. Both parcels are zoned CG (General Commercial), providing flexibility for a variety of business uses. The building is currently occupied by a long-standing fitness tenant and features high ceilings, overhead commercial lighting, men’s and women’s locker rooms, and brand-new flooring throughout the entire gym space. The main parcel also includes a metal quonset hut structure currently being utilized as part of the gym operation, complete with power and an evaporative cooler (swamp cooler). This property presents a strong investment opportunity, ideal for an investor seeking stable, long-term rental income. The current fitness business has been successfully operating in the community for over 30 years and is not for sale, offering built-in tenant stability and proven longevity. With on-site paved parking and additional land for potential expansion or future use, this is a rare chance to secure a well-positioned commercial asset in one of the High Desert’s steadily growing markets. Don’t miss this opportunity—commercial properties with this type of long-term tenant presence and upside potential are hard to find.
Listing agent: Mark Mihalik DRE #02033510 markmjm25@gmail.com, Listing office: The Glen Realty
MLS data updated 10/26/2026, 8:16:44 AM PT
Source: CRMLS, MLS #: JT26083269
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 15, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$350,000Closed sale · May 15, 2026ZIP 92277 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.