UPDATED:
09/30/2024 06:39 PM
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV24169473
HOA Y/N No
Year Built 1993
Lot Size 7.230 Acres
Property Description
The property is situated at the Haugen Lehman freeway exit, boasting extensive frontage along the freeway that provides exceptional visibility to travelers heading both east and west. This makes it an ideal spot for businesses seeking high exposure to a steady flow of road trippers, vacationers, and commuters.
The property spans two parcels totaling approximately 7.23 acres (314,939 SF), with structures ranging from 719 SF to 11,675 SF. The permanent structures add up to about 47,949 SF, while portable structures contribute an additional 6,967 SF, bringing the total combined space to approximately 54,916 SF. While the buildings do require significant deferred maintenance, this offers buyers the flexibility to explore various development options based on their vision. Alternatively, the existing layout and structures could be repurposed for other ventures. The possibilities are vast and could cater to a wide range of development ambitions.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning MU
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating None
Fireplace No
Laundry None
Exterior
Fence Block, Chain Link, Needs Repair, Wood, Wrought Iron
Utilities Available Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Underground Utilities, Water Connected
Roof Type Composition,Flat,Metal,Mixed,Shingle
Present Use Commercial,Improved,Multi-Family,Residential,Recreational
Building
Lot Description 6-10 Units/Acre
Story 2
Water Public
Others
Tax ID 517340006
Acceptable Financing Cash, Cash to New Loan, Owner May Carry
Listing Terms Cash, Cash to New Loan, Owner May Carry
Special Listing Condition Real Estate Owned
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