$4,500,000
Palm Springs, CA 92262
1960
Year Built
Riverside
County
CommercialSale
Property Type
Recently repositioned at $4.5 million, the Inn at Palm Springs presents a compelling opportunity to acquire an operating boutique hotel on fee simple land in Palm Springs. Currently configured with 22 furnished guest accommodations and offers significant potential for a new owner to optimize operations and revenue. Prominently located along N Palm Canyon Drive, the property features a heated pool and outdoor gathering areas, gated grounds, 22 onsite parking spaces, EV charging, lobby and reception area, dedicated laundry and storage facilities, and approximately 1,500 SF of flexible lower level space. A Type 70 liquor license is to convey with the sale, subject to applicable transfer requirements. Recent capital improvements and property refreshes have been completed throughout. Fee simple ownership with no land lease. Buyer to independently verify permitted room count, licensing, use and development potential. Contact listing broker for offering materials and additional information.
$23,951/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.