2128 State Highway 58 Business Route E - Hospitality FOR SALE


Mojave, CA 93501
$900,000 USD
818-636-2765
2128 State Highway 58 Business Route E, Mojave, CA for Sale
$900,000 USD
Hospitality - FOR SALE
1/22
null | Request Cap Rate

2128 State Highway 58 Business Route E
Mojave, CA 93501


HIGHLIGHTS

  • Hospitality asset featuring approximately 4,336 square feet of building area on a 0.70-acre lot
  • Located along Highway 58 Business Route E, offering strong frontage and exposure in a key Mojave commercial corridor.
  • Zoned C-2 PD FPS, supporting hotel use and other commercial applications
  • Recently updated property (renovated in 2024) with accessibility amenities, public access Wi-Fi, and corridor entry for guest convenience
  • Parking ratio of 3.69/1,000 SF with on-site surface parking to accommodate travelers and staff
  • Attractive opportunity for investor or owner-operator seeking to capture hospitality demand from aerospace, renewable energy, and logistics sectors

OVERVIEW

2128 State Highway 58 Business Route E offers a compelling hospitality investment opportunity in Mojave, California. Positioned along the well-traveled Highway 58 Business route, the property benefits from excellent visibility, regional connectivity, and proximity to Mojave Air & Space Port, aerospace manufacturing facilities, and renewable energy projects within Kern County. This single-story asset spans approximately 4,336 square feet on a 0.70-acre parcel, originally built in 1951 and recently updated (2024). Zoned C-2 PD FPS, the property supports commercial hospitality use and includes exterior corridors with convenient accessibility. Key infrastructure improvements such as public access Wi-Fi and wheelchair accessibility enhance guest experience. With a parking ratio of 3.69 spaces per 1,000 square feet, the site accommodates ample guest and operational parking. Located near major highways and businesses serving aerospace, logistics, and energy sectors, the property is ideally suited for operators focusing on transient lodging or extended-stay accommodations. Its absentee ownership suggests untapped operational upside for hands-on management or value-add repositioning.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$208 USD /SF

# OF ROOMS

15

PRICE/ROOM

$60,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Palm Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1951

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,363 SF

ZONING

C-2 PD FPS

APN/PARCEL ID

236-330-04-00-7

ASK ABOUT THIS PROPERTY

Asok AgarwalRe/Max CommercialMore Info
818-636-2765

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Asok AgarwalRe/Max CommercialMore Info
818-636-2765

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