Hospitality Business for Sale in Cathedral City, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Hospitality Business
  • Location: Cathedral City, CA 92234
  • Year built: 1860

Description

Marcus & Millichap has been chosen to exclusively market for sale The Paloma Resort, a boutique independent property located in Cathedral City, California (bordering Palm Springs, CA). The offering includes the onsite Sol y Sombra restaurant and an adjacent 2.07-acre vacant land parcel with pickleball court and meadow, lawned event space (approx. 4,000 sf), and overflow parking. The property consists of 63 rooms across multiple buildings, including five buildings consisting of 35 units and a newer 28-unit building completed in 2020. Accommodations range from studio villas with private patios and fire pits to one-bedroom suites with living areas and balconies. The asset is in excellent condition and presents potential for conversion to a Tribute Portfolio by Marriott or one of the other available luxury or upper upscale boutique brands. The Paloma Resort offers a variety of amenities, including a fitness center, bocce court, and multiple event spaces such as the 1,700-square-foot Date Palm venue and the 500-square-foot Poolside Citrus Suite, as well as a resort-style pool with bar, hot tub, and four cabanas. Sol y Sombra, located in a historic adobe building, operates Tuesday through Sunday with seasonal entertainment and features a full commercial kitchen with walk-in refrigerator and pantry; the space can also accommodate approximately 1,500 square feet of event use. The property also offers the Pink Door Spa with reception area, providing in-room treatments or spa services including massages, facials, and waxing. The adjacent 2.07-acre parcel provides additional upside related to adding up to 47 additional guest rooms. The property is ideally located in Cathedral City, bordering Palm Springs, just minutes away from Palm Springs International Airport within the Coachella Valley, a premier Southern California destination. The region hosts major annual events such as the BNP Paribas Open, Coachella Music Festival, and Stagecoach Music Festival, collectively drawing h

Market Context

This hospitality in Cathedral City, CA is listed for sale. The building dates to 1860. It has been on the market for 52 days. Compare it against other hospitality listings for sale in Cathedral City, CA — <a href="/search/sale/hospitality/california/cathedral-city">view the full market</a>.

Contact

Explore this market

Similar Hospitality Business for Sale in Cathedral City, CA