1450 S Palm Canyon Dr - Hospitality FOR SALE


Palm Springs, CA 92264- Taquitz Canyon River Estates
$4,290,000 USD
714-654-9879
1450 S Palm Canyon Dr, Palm Springs, CA for Sale
$4,290,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

1450 S Palm Canyon Dr
Palm Springs, CA 92264
Taquitz Canyon River Estates


HIGHLIGHTS

  • Location: Directly on Palm Canyon Drive, next to Yara Hotel and Sophia Hotel, and walking distance to Downtown Palm Springs.
  • Mountain view, resort style courtyard pool, hot tub
  • Fee simple ownership
  • Across from Bar Cecil and Miros Restaurant

OVERVIEW

The Adara Hotel Palm Springs, located at 1450 S Palm Canyon Drive, is a well-positioned boutique hospitality property in the heart of South Palm Springs’ most vibrant corridor. Offering a modern desert-chic aesthetic, the hotel features thoughtfully designed guest accommodations, a resort-style outdoor pool and sun deck, and inviting common areas that cater to both leisure and experiential travelers. Guests enjoy immediate access to Palm Canyon Drive’s renowned dining, shopping, nightlife, and art destinations, while remaining minutes from renowned attractions including hiking trails, Indian Canyons, golf resorts, and downtown Palm Springs. The property benefits from strong visibility, walkability, and consistent year-round tourism demand, making it well suited for boutique hotel, lifestyle hospitality, or repositioning opportunities within one of Southern California’s most iconic resort markets. This is a unique chance to reposition a well-located, fee-simple boutique hotel in one of California’s most iconic resort destinations. Inquire today for additional financials, tours, and offering memorandum. Buyers are advised to conduct their own due diligence.

FOR SALE DETAILS

PRICE

$4,290,000 USD

PRICE/SF

$334 USD /SF

# OF ROOMS

31

PRICE/ROOM

$138,387 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Adara Hotel Palm Springs

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1949

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

C1

APN/PARCEL ID

508-344-004

ASK ABOUT THIS PROPERTY

DAN PATELRAMNAM LLCMore Info
714-654-9879

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DAN PATELRAMNAM LLCMore Info
714-654-9879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.