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Palm Inn 2128 State Highway 58 Business Route E 15 Room Hotel Mojave, CA 93501 $1,100,000 ($73,333/Room)

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INVESTMENT HIGHLIGHTS

  • Absentee Owned and Managed
  • Excellent Location
  • Excellent Owner Operator Potential

EXECUTIVE SUMMARY

Re/Max Commercial’s Hospitality Group, as the sole and exclusive agent for the owner, has been retained to offer for sale a fee simple interest in the 15-room Palm Inn in Mojave. An absentee owner, managed by a manager, is conveniently located on California State Route 58 (CA 58). Palm Inn has a two-bedroom manager’s residence, which has a tremendous upside with an owner-operator.
All the rooms are fully renovated. The property features a single-story L-shaped exterior corridor building. All the TV, washer-dryer, ice machine, and a 100-gallon water heater are new. Every room is equipped with a refrigerator, TV, microwave, coffee maker, alarm clock, and hair dryer. An in-house laundry facility is available.
A budget-conscious traveler gets a large, clean, comfortable room for a good night's sleep. The unflagged Aerospace Inn is conveniently situated in the heart of the Mojave Desert, on California State Route 58. It is only 1.3 miles from the Mojave Air and Space Port, which is ideal for aerospace activities and the maintenance of commercial aircraft. The inn is also within walking distance of restaurants, shopping, and convenience stores. A few other attractions include: Willow Springs International Raceway, which is only 18 miles away, Edwards Air Force Base, which is only 23 miles away, and the Edwards Flight Test Museum, which is 24 miles away.

PROPERTY FACTS

Price $1,100,000
Price Per Room $73,333
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.70 AC
Building Size 4,336 SF
No. Rooms 15
No. Stories 1
Year Built/Renovated 1951/2024
Parking Ratio 3.69/1,000 SF
Corridor Exterior
Opportunity Zone Yes
Zoning C-2 PD FPS - C-2

AMENITIES

  • Wheelchair Accessible
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 15 $60.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
236-330-04-00-7
Land Assessment
$150,858
Improvements Assessment
$78,030
Total Assessment
$228,888
  • Listing ID: 37585293

  • Date on Market: 9/7/2025

  • Last Updated:

  • Address: 2128 State Highway 58 Business Route E, Mojave, CA 93501

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