535 S Warm Sands Drive, Palm Springs (92264)
$6,800,000
0 
0
5
PROPERTY DETAILS
| Address: |
view address Palm Springs, CA 92264 Map Location |
Features: | Garage |
|---|---|---|---|
| Square Feet: | 5 sq.ft. | Lot Size: | 1.72 acres |
| Year Built: | 1949 | Property Type: | Multi Family |
| County: | Riverside | List Date: | 2024-01-05 |
| Listing Number: | NDP2400129 | Listed By: | Coldwell Banker Realty |
| Listing Office: | [email protected] | Virtual Tour: | Click Here |
PROPERTY DESCRIPTION
This extraordinary Hotel & Resort presents an unparalleled investment opportunity, has 31 licenses with 28 operating rooms in which the business benefits from a steady stream of travelers. Large 1.72 acre owned Fee Simple property on an extended lot is one of the largest available development lots in the City of Palm Springs. The hotel is located within 10 minutes to downtown with great potential for a conversion to a high ADR Boutique Hotel in addition to the already consistent revenue growth over the past several years. The hotel renovation has recently completed, fully renovated, permitted owners unit (Conversion of 5 rentable hotel rooms to a single owners residence) with separate private entrance and an approximately 500 sq.ft. operation managers unit. The permitted new roof with warranty, mini splits and water heaters have all been replaced within the last few years. All property tours must be arranged through the selling agent on Tuesdays or Wednesdays only. Please DO NOT CONTACT PROPERTY Owners OR EMPLOYEES! For more information and to sign the Confidentiality Agreement, please contact (949) 289 - 6900 or [email protected]
Contact Buyer Agent
Interior
| Laundry Room: | Yes | No Heat: | Yes |
Exterior
| Garage Size: | 31.00 | Inground Pool: | Yes |
| Parking Spaces: | 31.00 | Pool: | Yes |
Property and Lot Details
| Lot Acres: | 1.72 | Lot Dimension: | 1.72 Acres |
| Lot Number: | /3-4 | Lot Sqft: | 74,923.20 |
| Public Sewer: | Yes | Public Water: | Yes |
| Transaction Type: | Sale | Year Built: | 1949 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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