$4,990,000
For Sale

55860 Haugen Lehman Way

Whitewater, CA 92282
7.23 acres | #IV24169473
Listing OfficeM G R REAL ESTATE
Browse 21 photos
Type:Purchase
Structure:Hotel
Zone:Commercial

Description

This unique and rare opportunity just minutes away from the famous Morongo Casino and Cabazon Outlets. Positioned strategically near the exits of Highway 111 and the 10 Freeway, this property offers easy access to numerous attractions. Whether heading east towards the California/Arizona River corridor, exploring the renowned cities of Palm Springs, La Quinta, and Palm Desert, or enjoying the nearby golf resorts, this location is at the heart of it all.
The property is situated at the Haugen Lehman freeway exit, boasting extensive frontage along the freeway that provides exceptional visibility to travelers heading both east and west. This makes it an ideal spot for businesses seeking high exposure to a steady flow of road trippers, vacationers, and commuters.
The property spans two parcels totaling approximately 7.23 acres (314,939 SF), with structures ranging from 719 SF to 11,675 SF. The permanent structures add up to about 47,949 SF, while portable structures contribute an additional 6,967 SF, bringing the total combined space to approximately 54,916 SF. While the buildings do require significant deferred maintenance, this offers buyers the flexibility to explore various development options based on their vision. Alternatively, the existing layout and structures could be repurposed for other ventures. The possibilities are vast and could cater to a wide range of development ambitions.

  • Property Details
      • Utility FeaturesElectricityConnected, NaturalGasAvailable, PhoneAvailable, PhoneConnected, UndergroundUtilities, WaterConnected
      • Lot DescriptionSixToTenUnitsAcre
      • Original List Price$4,990,000
      • MLS #IV24169473
      • Property SubtypeHotelMotel
      • MLS #IV24169473
      • CountyRiverside
      • Property TypePurchase
      • Cost4990000
      • Utility SourcePublic
      • Acres7.23
      • Year Built1993
      • Stories2

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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