67789 Hacienda Ave - Hospitality FOR SALE


Desert Hot Springs, CA 92240 | 
$1,490,000 USD
760-835-2277
67789 Hacienda Ave, Desert Hot Springs, CA for Sale
$1,490,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

67789 Hacienda Ave
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • 12-Room Motel / Hot Springs Hospitality Opportunity - Hot Mineral Water
  • Approximately 0.94-Acre Corner Lot at Hacienda Ave & Cuando Way
  • Existing Motel License Valid Through September 2027

OVERVIEW

Rare Hot Springs Hospitality Opportunity in Desert Hot Springs! Offered at $1,490,000, this unique 12-room former hot springs motel and spa is situated on approximately 0.94 acres at the corner of Hacienda Avenue and Cuando Way. The property features 12 guest rooms, ample parking, and a pool and spa that are currently in use and in good condition. The property also maintains an existing motel license valid through September 2027, offering an exciting opportunity for an investor or hospitality operator looking to restore and reposition this distinctive property. Historically operated as a hot mineral springs property, one of the most unique features is its potential access to the area's renowned natural hot mineral water. The existing hot water well is currently non-operational and will require repair or replacement. According to the seller, installation of a new well is estimated at approximately $100,000. Buyer to independently investigate and verify all information regarding the well, mineral water availability, permits, drilling requirements, and costs. The property is currently owner-occupied and not operating as a motel, therefore no current income or operating statements are available. This creates an opportunity for a new owner to bring their own vision and operating concept to the property. With 12 rooms, an active motel license, existing pool and spa, generous parking, nearly one acre of land, and a prominent corner location, the property offers excellent potential for a boutique motel, hot springs retreat, wellness destination, or other hospitality concept. Located in Desert Hot Springs, a destination known for its natural mineral waters and desert resort lifestyle, this is a unique opportunity to bring new life to a property with an established hot springs history. Offered AS-IS at $1,490,000.

FOR SALE DETAILS

PRICE

$1,490,000 USD

PRICE/SF

$199 USD /SF

# OF ROOMS

12

PRICE/ROOM

$124,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paradise Hot Springs & Spa

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1975

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

R4

APN/PARCEL ID

642-185-018

ASK ABOUT THIS PROPERTY

Kevin KimOmni Realty & Investment GroupMore Info
760-835-2277

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Kevin KimOmni Realty & Investment GroupMore Info
760-835-2277

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