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$3,750,000
Est. payment /mo
10,972 SqFt
New
2300 N Palm Canyon DR Palm Springs, CA 92262
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Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 10,972 sqft
Price per Sqft $341
MLS Listing ID 219140677
HOA Y/N No
Year Built 1956
Lot Size 0.410 Acres
Property Sub-Type Hotel/Motel
Property Description
20-room hotel property located at the north end of the Uptown Design District. Mykonos Desert Suites I (2300 N Palm Canyon) is a 2-story limited service hotel with exterior corridors. Formerly timeshare, units are large, averaging almost 400 SF. (Timeshare has been unraveled and title is clear of any clouds). Listed well below recent comp sales on a per-unit basis. Fee simple site. Large pool, hot tub and pool deck with sweeping mountain views of San Jacinto Mountains. Neighboring hotel to the north, Mykonos Desert Suites II (2330 N Palm Canyon) is listed separately but can be purchased together with this property and operated as a single operation.
Location
State CA
County Riverside
Area 331 - Palm Springs North End
Building
Story 2
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Lease Land No
Listed by Harry Pflueger, Broker
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