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$ 5,690,000
Est. payment | /mo
1 Sqft Lot
$ 5,690,000
Est. payment | /mo
1 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 219140218DA
HOA Y/N No
Year Built 1988
Lot Size 1 Sqft
Property Description
Rare Hot Springs Hotel Investment Opportunity - Desert Hot Springs, CA67485 Hacienda Ave presents a recently renovated 40-key hotel powered by natural mineral hot springs water, located in one of Southern California's fastest-growing wellness tourism markets. The property offers multiple revenue streams including three spa areas, a large resort-style pool, and an indoor sauna, positioning it perfectly for boutique resort, wellness retreat, or destination lodging concepts.The hotel benefits from strong regional demand driven by proximity to Palm Springs, Coachella Valley events, and Joshua Tree National Park, along with Desert Hot Springs' global reputation for therapeutic mineral water. Recent capital improvements reduce deferred maintenance and allow for immediate operational upside through rebranding, ADR growth, and spa monetization.Ideal for owner-operators, value-add investors, or 1031 exchange buyers seeking long-term appreciation and cash flow in a supply-constrained hospitality submarket.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Fireplace No
Others
Tax ID 642164007
Special Listing Condition Standard
Listed by Brian Palmer BP Homes
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States