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Investment Highlights

  • Offered at $5.5 M below recent $6.05M third party appraisal (Dec 2025)
  • Rare Type 70 liquor license conveys with sale
  • Located just south of the Palm Springs Aerial Tramway along North Palm Canyon Drive
  • 22 key gated boutique hotel at the gateway to Palm Springs on North Palm Canyon Drive
  • Fee simple ownership (No Land Lease) with operational flexibility and repositioning potential
  • Approximately 1,500 SF basement amenity space ideal for activation

Executive Summary

Boutique 22 key hotel offered at $5,500,000, following a recent pricing adjustment to align with current investor underwriting.
Positioned at the gateway to Palm Springs’ Uptown Design District, the property sits on a prominent corner at North Palm Canyon Drive and Racquet Club Road, capturing inbound traffic from both the Palm Springs Aerial Tramway and the high-volume Joshua Tree corridor, which attracts more than 3 million visitors annually.
A December 2025 third-party appraisal valued the property at $6.05M based on in-place operations. The updated pricing represents a compelling entry point for boutique hospitality operators and investors seeking a value-add opportunity with multiple paths to upside.
The property features renovated guest rooms, a rare Type 70 full liquor license allowing full cocktail service, approximately 1,500 square feet of basement amenity space, EV charging, a fitness room, and 22 on-site parking spaces.
The asset offers several clear avenues for value creation:
• Gated boutique layout supporting privacy, group buyouts, and curated guest experiences
• Type 70 liquor license enabling expanded food and beverage programming and incremental revenue
• Approximately 1,500 SF basement space ideal for lounge, wellness, private event, or experiential activation
• Strong visibility and access along North Palm Canyon Drive, a primary entry corridor into Palm Springs
• Opportunity to enhance ADR, optimize revenue management, and improve direct booking mix
Fully operational yet not fully optimized, the property presents immediate upside for a hands on operator or experienced group looking to reposition and drive performance.
The boutique scale and existing infrastructure support a range of operating models, from traditional hospitality to more streamlined or contact light guest experiences depending on ownership strategy.
Ownership is focused on engaging with qualified buyers who recognize the repositioning opportunity and can move decisively. Seller is prepared to move efficiently with well qualified groups.
Disclosure: One of the property owners is a licensed real estate broker in the State of California.

Property Facts

Price $7,482,805 CAD
Price Per Room $340,127 CAD
Sale Type Investment
Sale Condition Business Value Included
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.52 AC
Building Size 10,510 SF
No. Rooms 22
No. Stories 2
Year Built/Renovated 1958/2023
Tenancy Single
Parking Ratio 2.09/1,000 SF
Corridor Exterior
Zoning C1 - The C-1 Retail Business Zone is intended as a business district, primarily retail business in character, with related hotels, service and office uses.

Amenities

  • Business Center
  • Controlled Access
  • Fitness Center
  • Pool
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

About 2525 N PALM CANYON DR , PALM SPRINGS, CA 92262

The Inn at Palm Springs is a 22 key boutique hotel located at the gateway to Palm Springs’ Uptown Design District, positioned on a prominent corner at North Palm Canyon Drive and Racquet Club Road. The property benefits from strong visibility along one of the city’s primary corridors and serves as a key arrival point for visitors entering Palm Springs from the Aerial Tramway and Joshua Tree corridors. Ownership has recently adjusted pricing to $5,500,000 to better align with current investor underwriting. Previously appraised at $6.05M based on in place operations, the asset is now being repositioned as a compelling value add opportunity for boutique hospitality operators and investors. The gated property offers a private boutique hospitality environment while remaining minutes from the Uptown Design District and Downtown Palm Springs. The hotel is fully operational with renovated guest rooms and established infrastructure, allowing new ownership to step into an existing business while unlocking additional upside through operational and experiential enhancements. Key Property Features • 22 key boutique hotel with operating infrastructure in place • Gated and private layout supporting curated guest experiences and group buyouts • Prominent corner location along North Palm Canyon Drive • Type 70 liquor license allowing full cocktail service and expanded programming • Approximately 1,500 SF basement amenity space with multiple activation paths • EV charging, fitness room, pool, and modern guest amenities • 22 on site parking spaces • Fee simple ownership with no franchise or management encumbrances Investment Opportunity Fully operational yet not fully optimized, the property presents immediate upside for a hands on operator or experienced group. Opportunities exist to enhance ADR, refine revenue management, increase direct booking mix, and activate underutilized spaces to drive incremental revenue. The combination of a transferable liquor license and rare basement amenity space creates a differentiated platform for repositioning, whether as a design forward boutique hotel, wellness driven retreat, or experience led hospitality concept. The private gated layout further supports curated guest programming, retreats, and full property buyouts, allowing for flexible operating strategies within the Palm Springs market. Palm Springs continues to benefit from strong year round tourism demand driven by major events including Coachella, Stagecoach, and Modernism Week, along with proximity to the Palm Springs Aerial Tramway and Joshua Tree National Park. With fee simple ownership, in place operations, and clear paths to value creation, the Inn at Palm Springs is positioned for buyers who recognize the opportunity to reposition and drive performance.

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 22 $240.81 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
504-073-001
Land Assessment
$534,888 CAD
Improvements Assessment
$1,986,736 CAD
Total Assessment
$2,521,623 CAD
  • Listing ID: 39785776

  • Date on Market: 2026-03-15

  • Last Updated:

  • Address: 2525 N Palm Canyon Dr, Palm Springs, CA 92262

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