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Commercial For sale Lodging and Hospitality Hotel

Commercial Property for Sale in Palm Springs California 92262

2525 N. Palm Canyon Drive, Palm Springs, California 92262

$5,500,000
$632 / sq ft Listed Nov 18, 2024
8,700 sqft
Building
1960
Built
2
Stories

About this property

Commercial Property for Sale in Palm Springs California 92262 is a lodging and hospitality for sale in Palm Springs, California, listed at $5,500,000. Key details: year built 1960, building size 8,700 sqft, stories 2, property status Normal Sale. Listed by Geramie Bascomb of Calvary Realty on LoopingCloud and last updated March 20, 2025.

John 14:6 – Jesus said unto him “I am the way, the truth, and the life. No one comes to the Father except through Me.” The Inn at Palm Springs is a 22-room boutique hotel investment opportunity located at 2525 N. Palm Canyon Drive in Palm Springs, CA. Experience the convenience of the Inn’s central location, situated between the historic and charming little Tuscany neighborhood and the trendy Uptown Design District. Whether you’re heading downtown for shopping, hitting the golf course, visiting the casino, or catching a flight, the Inn at Palm Springs offers easy access to it all and has served as the gateway into Palm Springs since the 1960’s as the first hotel in town! The property is on fee simple land and comes equipped with 22 rooms, 18 guest rooms, accommodations for 56 guests, 25 bathrooms, 2 kitchens, a pass-through breezeway bar, a permitted pool, contactless management, self-check-in, rooftop space with the potential to be repurposed, a 1,500 sq. ft. basement, and potential to increase guest capacity. The Inn at Palm Springs has recently achieved a distinguished accomplishment by receiving both the Kayak Travel Award and the Hotels Combined Recognition of Excellence in 2022 & 2023. This places the hotel among an elite group of top-rated properties worldwide, as determined by guest reviews and industry experts. Kayak specifically recognizes the Inn at Palm Springs for its consistent high level of guest satisfaction. This cash flowing investment opportunity recently appraised for $5,460,000 by Integra Hotels on September 12, 2023. The hotel also has a clean Phase I report completed by Partner Engineering on September 21st, 2023.

Key highlights

  • Housekeeping & Laundry Rooms | Storage
  • Unused Basement & Unused Rooftop Space
  • Number of Rooms 22 (18 Guest Rooms)
  • Type 70 Full Liquor License
  • 22 Rooms | 25 Bathrooms | 2 Kitchens
  • Industry Leading Integrated Software
  • High Traffic Count
  • Positive Cash Flow
  • Pet Friendly
  • Pass Through Breezeway Bar

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
1960
Building Size
8,700 sqft
Stories
2
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$632
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $5,500,000 - - - -

Features and amenities

Property Features

  • Office | Lobby | Fitness Center | Staff Quarters
  • Housekeeping & Laundry Rooms | Storage
  • Unused Basement & Unused Rooftop Space
  • Metropolitan Area: Riverside-San Bernardino-Ontario
  • Guest Room Configuration: 8 Doubles | 6 Kings | 4 Queens
  • Number of Rooms 22 (18 Guest Rooms)

Highlights

  • Type 70 Full Liquor License
  • 22 Rooms | 25 Bathrooms | 2 Kitchens
  • 18 Guest Rooms With Mini Fridges & Microwaves
  • Industry Leading Integrated Software
  • High Traffic Count
  • Positive Cash Flow
  • Pet Friendly
  • Pass Through Breezeway Bar
  • Accommodates Up to 56 Guests
  • EV Charging On-Site
  • 9 out of 10 Rating on Booking.com & Hotels.com
  • Clean Phase I Environmental Report
  • Hotel Buy-Outs & Events
  • Heated Pool

Location

Address as shown by the lister.

Get directions
Schools nearby Restaurants nearby Groceries nearby Parks nearby Transit nearby Hospitals nearby

About this area - Palm Springs

Population
24,906
Housing units
15,736
Land area
106.1 sq mi
County
Riverside

Documents, links and contacts

Property documents

10 files to download

Links

3 links

Additional contacts

1 person to reach

Frequently asked questions

What is the asking price of Commercial Property for Sale in Palm Springs California 92262?

Commercial Property for Sale in Palm Springs California 92262 is listed at $5,500,000. That works out to about $632 per square foot.

Where is Commercial Property for Sale in Palm Springs California 92262 located?

The property is in 2525 N. Palm Canyon Drive, Palm Springs, California 92262, Riverside County.

What type of property is this?

This is a lodging and hospitality for sale in the commercial category.

How big is the property?

The building is 8,700 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Geramie Bascomb of Calvary Realty listed this property. Use the Request Info button to send a message or call (909) 380-0073.

When was this listing published?

It was published on November 18, 2024 and last updated on March 20, 2025.

Listing information

Listing ID
CL-California-12820
Published
Nov 18, 2024
Last updated
Mar 20, 2025
Views
463
Status
Sold

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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