Palm Shadow Inn on 4.47 AC Near Music Festivals

Features

  • 19 rooms plus 2 bdrm manager’s apartment on 4.47 ac (adjacent 3.92 acres also available)
  • Walk to Coachella & Stagecoach Music Festivals
  • Access on 2 streets – Highway 111 & Youngs Lane
  • Close to Motorcoach Country Club & Outdoor Resorts, two luxury motor coach resorts
  • One half mile to bustling La Quinta retail corridor
  • Traffic Counts: 29,871 cars per day
  • The City of Indio, known as the “City of Festivals” plays host to the famous Coachella, Stagecoach and Desert Trip Music Festivals
  • Seller Financing Available
  • Asking Price: $1,950,000

Site Amenities

  • Location: Located at the southwest corner of Highway 111 and Youngs Lane, at 80761 Highway 111, Indio.
  • Zoning: MUSP 300 (Highway 111 Corridor Mixed Use Specific Plan)
  • Hotel Size: Two buildings totaling approx. 8,994 S/F, 19 rooms on 4.47 AC
  • Average Room Size: 300 S/F
  • APNs/Parcel Sizes: 600-230-006 (2.31 acres), 007 (2.16 acres)
  • General Plan: Mixed Use – Specific Plan
  • Flood Zone: 500 Year
  • Adjacent Uses: Retail; vacant land
  • Utilities: To site; Additional well on site
  • Lease Terms: $2,000 per month NNN
  • Year Built: Approximately 1966

Comments: Currently leased month-to-month. Mixed use zoning allows for mixed residential, commercial, zero lot line developments and senior housing

DISCLAIMER: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warrant or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions assumptions or estimates used are for example only, and do not represent the current or future performance of the property.

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Contact our Team for more Details

Paula Turner, Owner
paula@dppllc.com
Mobile 760-578-6564
Office 760-360-8200
DRE License #00702492

Ranked #1 in the Coachella Valley
for Commercial Real Estate

Susan Harvey, Owner
susan@dppllc.com
Mobile 760-250-8992
Office 760-360-8200
DRE License #00957590