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$ 1,490,000
Est. payment /mo
New
67789 Hacienda AVE Desert Hot Springs, CA 92240
0.94 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26992321
HOA Y/N No
Year Built 1957
Lot Size 0.940 Acres
Property Description
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.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Fireplace No
Building
Story 2
Others
Tax ID 642185018
Special Listing Condition Standard
Listed by Kevin Kim Omni Realty & Investment Group #01433394