67780 Arena Blanca Rd - Specialty FOR SALE


Desert Hot Springs, CA 92240
$1,600,000 USD
760-408-4824
67780 Arena Blanca Rd, Desert Hot Springs, CA for Sale
$1,600,000 USD
Specialty - FOR SALE
1/45
null | Request Cap Rate

67780 Arena Blanca Rd
Desert Hot Springs, CA 92240


HIGHLIGHTS

  • existing well with hot mineral water, 7 plus lots available for future development, existing 5 units are licensed as a boutique hotel/spa

OVERVIEW

Boutique Hotel & Day Spa – Exceptional Development Opportunity! Now offered at $1,600,000, this recently remodeled and tastefully upgraded boutique hotel and day spa sits on 2 lots, with 8 additional adjacent lots, for a total of 10 parcels located in the sought-after hot mineral water zone of Desert Hot Springs (DHS). Current Configuration (4 + 1 Units): 1 x 2 bed / 1 bath with full kitchen 3 x 1 bed / 1 bath units, each with a kitchen 1 studio with 1 bath and a kitchenette Highlights: Existing mineral hot water well – No need to drill! Existing swimming pool Total of 10 parcels – Ideal for expansion or new development APN#s: 642-001-001, 642-001-002, 642-001-003, 642-202-008, 642-202-009, 642-202-010, 642-202-011, 642-202-012, 642-202-013, 642-202-014 Certificate of Occupancy issued as of 04/04/2024 Currently operating as a licensed hotel and day spa The City of Desert Hot Springs no longer allows new hot mineral water wells unless specific setbacks from property lines and sewer lines are met. However, this property already has a fully functional existing well, making it a rare and valuable asset. Bonus: The City has conceptually approved renderings (available upon request) for an expansion to a 33-room hotel! Contact Listing Agent for more information and to schedule a private showing.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$533 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Secret Springs Resort

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,707 SF

ZONING

R4

APN/PARCEL ID

642-202-012,642-202-013,642-202-014

ASK ABOUT THIS PROPERTY

Slavyan PanayotovWindermere CommercialMore Info
760-408-4824

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Slavyan PanayotovWindermere CommercialMore Info
760-408-4824

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