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+19094654693
Top Producers Realty Partners
2525 Palm Canyon Drive, Palm Springs, CA 92262
- $4,500,000
- List Price
- $4,500,000
- Status
- ACTIVE
- MLS#
- 219153989PS
- Year Built
- 1960
- Lot Size
- 22,651
- Acres
- 0.52
- Days on Market
- 5
- Property Type
- Commercial
Property Description
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.
Additional Information
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Paul Kurdian (paul@lucentrealestate.com) from Listing Office: Lucent Real Estate Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.