$3,500,000
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6,670 SqFt
SOLD DATE : 08/14/2020
Key Details
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Sold
Purchase Type For Sale
Square Footage 6,670 sqft
Price per Sqft $449
MLS Listing ID 219032267
Sold Date 08/14/20
HOA Y/N No
Year Built 1953
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Combo - Res & Com
Property Description
Hotel is located in the South end of Palm Springs in the very desirable Deepwell Neighborhood. This Mediterranean style Boutique Hotel is centered by a spacious 40 ft. pool, 10 person spa, guest BBQ and dining counter, coffee bar, outdoor kitchen and fireplace. Currently operated as 13 guest Rooms, property tax and city records indicate the Hotel can be operated as sixteen (16) rooms. There are 16 bathrooms and 16 off street parking spaces to support this. In addition to the 13 Guest Rooms, there is a 2 Bedroom, 2 Bathroom owners/resident managers unit with a full kitchen and private patio that can be easily modified to become two separate rooms. The reception/office can be converted back to another unit. Hotel is well located within walking distance of Smoketree Commons and Smoketree Shopping Center with multiple retail stores and dining options. Purchase price includes furniture, fixtures and equipment (FF&E) plus the Reservation database. Fully operational and well maintained & licensed Hotel. Rooms have individual forced air a/c units. Laundry & Storage room located on site. Updated central electrical system and natural gas service. Fenced & gated resort.
Location
State CA
County Riverside
Area 334 - Palm Springs South End
Interior
Heating Forced Air
Building
Lot Description Landscaped
Story 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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