2525 N Palm Canyon Drive, Palm Springs, CA 92262

$4,500,000
8,068
SqFt

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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.

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Listing courtesy of Lucent Real Estate Inc..