1020 N Indian Canyon Drive

  • Palm Springs

  • $1,499,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
The possibilities are endless with this wonderful Commercial Property zoned C1 located in the heart of the Palm Springs only steps away from Desert Regional Medical Center. Situated in a bustling community, this 27,00 square foot lot is configured as a motel/apartments with 22 units including manager's office. Assigned parking for each unit. The current use is month to month apartments. The property consists of two parcels totaling over half an acre, and has excellent visibility from Indian Canyon Drive. Needs some refurbishing; can be a fantastic investment opportunity for an experienced hotelier. Other possible uses include office space, medical building, senior care facility... Bring your imagination, or adopt the previous owners' creation as your own! Buyers to confirm with the city regarding zoning and development potential. All information deemed reliable and was provided by owner and is subject to change; broker cannot make any warranty or guarantee. Property sold in as is condition. Property consists of 2 APNs being sold together. Street addresses are 1044 and 1020 N Indian Canyon. Buildings constructed in 1941 and 1964 per appraiser.
Essential
MLS #SB18189943
Price Per SqFt$204.25
Sub-TypeHotel/Motel
CountyRiverside
StateCA
Area332 - Central Palm Springs
StatusActive Under Contract
Sale TypeStandard
Number Of Units19
Building StatusExisting
Uncovered Spaces22
Land UseOther
Listing BrokerageRE/MAX Estate Properties
Listing AgentKerry LaPine
Listing Agent BRE #01959664

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, August 15, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.