This Hospitality Property is no longer advertised on LoopNet.com.

530 E Mel Ave
Palm Springs, CA 92262
SBA Foreclosure 10-Unit Hotel With Add'l Land · Hospitality Property For Sale · 4,072 SF

Investment Highlights

  • Ideal for traveling nurse housing, rehabilitation programs, or extended stay accommodations, maximizing occupancy potential.
  • SBA Foreclosure opportunity – 10-unit boutique hotel in Palm Springs, priced at $195,000 per room, offering significant upside potential.
  • Centrally located with easy access to Downtown and Uptown, surrounded by top-tier dining, shopping, and entertainment options.
  • Development opportunity – includes 0.14 acres of land, ideal for additional rooms, parking, event space, or future expansion for increased revenue.

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.29 AC
Building Size 4,072 SF
No. Stories 1
Year Built/Renovated 1946/1999
Tenancy Single
Parking Ratio 2.95/1,000 SF
Corridor Exterior
Zoning R2 - Limited multiple-family residential zone
Parcel Numbers
Multiple
  • 507-061-021
  • 507-061-028

Amenities

  • Pool
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Hot Tub
  • Listing ID: 35001067

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 530 E Mel Ave, Palm Springs, CA 92262

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