2525 N Palm Canyon Drive, Palm Springs, CA 92262
sale
$4,500,000
|
Other
Courtesy Of Lucent Real Estate Inc.
Offered at $4.5 million, the Inn at Palm Springs presents an opportunity to acquire an operating boutique hotel on fee simple land in Palm Springs. Currently configured with 22 furnished guest accommodations, the property offers an established hospitality setting with potential for a new owner to further develop its positioning, operations, and revenue. Prominently located on North Palm Canyon Drive, the property features a heated pool, outdoor gathering areas, gated grounds, 22 onsite parking spaces, EV charging, a lobby and reception area, and dedicated laundry and storage facilities. Approximately 1,500 square feet of flexible lower level space offers additional possibilities, subject to applicable approvals. Recent capital improvements include roof work, parking area upgrades, and enhancements to the pool and outdoor areas, along with guest room and common area refreshes. A detailed list of improvements is available upon request. A Type 70 liquor license is included in the offering, with transfer subject to applicable requirements and approvals. Fee simple ownership means there is no land lease. The hotel remains open and accepting reservations. Tours are available by appointment only. Please do not disturb guests or employees. Buyer to independently verify permitted room count, square footage, licensing, zoning, use, and development potential.
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Property Features
- Age: Over 50 Years Old
- Amenities: Pool
- MLSID: 12033734
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