Palm Springs, CA 92262,2300 N Palm Canyon DR
Palm Springs, CA 92262,2300 N Palm Canyon DR
Palm Springs, CA 92262,2300 N Palm Canyon DR
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$3,750,000
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10,972 SqFt
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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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Anook Commandeur

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2300 N Palm Canyon DR