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    61940 Twentynine Palms Highway

    Joshua Tree, CA 92252
    • $725,000
    • STATUS: Active Under Contract
    • ON SITE: 126 days
    • ID#: JT20052810
    Under Contract
    UPDATED: 49 min ago
    $725,000
    • 0
      BEDS
    • 0.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,100
      SQFT
    • $345
      $/SQFT
    Type:
    Commercial
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Downtown Joshua Tree Hotel For Sale!!! Once in a decade opportunity. This five-unit property sits exquisitely in the hub of the Hi-Desert, downtown Joshua Tree. With charming brick construction of 1940's vintage this property evokes the Western past of the Mojave desert and has massive appeal to contemporary clients who love the desert and all its glory. With high ceilings, simple kitchenettes, plenty of parking, charm galore this amazing property sits directly across from The Station Gift Shop and all the other boutiques, restaurants and energy that permeates Joshua Tree in 2020. It sits on over half an acre of land which has further potential for additional units, more parking and perhaps a swimming pool. The cap rate potential on this property is amazing and this is a golden opportunity for a savvy investor seeking a pride-of-ownership, marquee property. Come and take a look at something special and rare. It is currently used as month-to-month rentals but its highest and best use is as the vacation rental destination sitting in the heart of everything. Hurry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-16T11:26:46.167. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

    www.tolivebythesea.com/homes/104058917
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    61940 Twentynine Palms Highway Joshua Tree, CA 92252

    • Price: $725,000
    • Status: Active Under Contract
    • Updated: 49 min ago
    • ID#: JT20052810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.53
    Acres
    2,100
    SQFT
    $345
    $/SQFT
    1948
    Built
    Neighborhood:
    DC612 - Joshua Tree Village
    County:
    San Bernardino
    Area:
    DC612 - Joshua Tree Village
    Property Description
    Downtown Joshua Tree Hotel For Sale!!! Once in a decade opportunity. This five-unit property sits exquisitely in the hub of the Hi-Desert, downtown Joshua Tree. With charming brick construction of 1940's vintage this property evokes the Western past of the Mojave desert and has massive appeal to contemporary clients who love the desert and all its glory. With high ceilings, simple kitchenettes, plenty of parking, charm galore this amazing property sits directly across from The Station Gift Shop and all the other boutiques, restaurants and energy that permeates Joshua Tree in 2020. It sits on over half an acre of land which has further potential for additional units, more parking and perhaps a swimming pool. The cap rate potential on this property is amazing and this is a golden opportunity for a savvy investor seeking a pride-of-ownership, marquee property. Come and take a look at something special and rare. It is currently used as month-to-month rentals but its highest and best use is as the vacation rental destination sitting in the heart of everything. Hurry.
    Exterior Features

    Construction Materials Brick Fence YN Yes Fencing Chain Link Lot Features Desert BackRectangular LotLevelPark NearbyWalkstreet Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Roof Rolled/Hot Mop

    Interior Features

    Condo Area Units Square Feet Cooling Evaporative Cooling Cooling YN Yes Heating Natural Gas Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Asset Class Hotel/Motel Building Area Units Square Feet Building Status Existing Country Us Current Use Comments Month To Month Electric Standard Land Lease YN No Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Occupied Property Sub Type Hotel/Motel Special Listing Conditions Standard Total Monthly Rent 1500 Utilities Cable AvailableElectricity ConnectedPhone Available Water Source Public Year Built Source See Remarks

    Listing provided courtesy of Thomas Murtagh of 29 Palms Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-16T11:26:46.167. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

     
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