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$ 4,650,000
Est. payment | /mo
18,295 SqFt
$ 4,650,000
Est. payment | /mo
18,295 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 18,295 sqft
Price per Sqft $254
MLS Listing ID 219148167
HOA Y/N No
Year Built 1956
Lot Size 0.420 Acres
Property Sub-Type Hotel/Motel
Property Description
Introducing The Jazz Hotel, a fully renovated 12 room boutique hotel on 0.42 acres in Palm Springs. Originally built circa 1954, this single story property offers approximately 5,432 SF including 12 guest rooms, office, fitness room, pool, spa, and outdoor patio areas.
Recent upgrades include interior/exterior paint, flooring improvements, bathroom updates, lighting upgrades, pool/spa enhancements, courtyard improvements, and extensive systems modernization. Key infrastructure work includes removal of outdated wall units and heaters and installation of 16 energy efficient mini split HVAC systems, along with upgraded electrical and exterior improvements.
Significant investment in FF&E includes new furnishings, linens, décor, signage, outdoor lounge furniture, fitness equipment, and guest amenities, creating a turnkey boutique hospitality opportunity. Located near downtown Palm Springs, dining, shopping, and entertainment.
Buyer to verify zoning, permits, and hotel/STR licensing requirements. Hotel has 1 two bedroom suite, 5 studio suites and 6 studio plus kitchen suites.
Recent upgrades include interior/exterior paint, flooring improvements, bathroom updates, lighting upgrades, pool/spa enhancements, courtyard improvements, and extensive systems modernization. Key infrastructure work includes removal of outdated wall units and heaters and installation of 16 energy efficient mini split HVAC systems, along with upgraded electrical and exterior improvements.
Significant investment in FF&E includes new furnishings, linens, décor, signage, outdoor lounge furniture, fitness equipment, and guest amenities, creating a turnkey boutique hospitality opportunity. Located near downtown Palm Springs, dining, shopping, and entertainment.
Buyer to verify zoning, permits, and hotel/STR licensing requirements. Hotel has 1 two bedroom suite, 5 studio suites and 6 studio plus kitchen suites.
Location
State CA
County Riverside
Area 332 - Palm Springs Central
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Listed by Engel & Volkers Palm Desert
Nearby Locations
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