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Indio | 40800 Highway 111

$ 8,495,000
40800 Highway 111,
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Amazing opportunity to own an iconic property and building that originally cost over $35,000,000 to construct. This landmark property also known as Jackalope Ranch is located on nearly 10 acres of land and features surface parking of 245 spaces. Expansive and beautifully landscaped grounds for outdoor events and parties. The property includes 4 acres of adjacent land. MU Zoning provides an abundance of opportunities including a hotel, amphitheater, high density condos/apartments for further future development. Currently the property features five indoor and outdoor event, venue spaces. The bar is one of the most beautiful and largest in the desert, as well as a large outdoor palapas bar. No expense was spared on the architectural and interior design featuring spacious dining areas inside or dining under the stars. The beauty of this magical property must be seen to be believed. The building PLUS the incredible added value of the extra acreage makes this a tremendous opportunity now and in the future.

Address: 40800 Highway 111
Zip: 92201
Country: United States
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Property Id : 5977
Price: $ 8,495,000
Property Size: 21,594 ft2
Property Lot Size: 426,888 ft2
MLS ID#: 219076685
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Angela Fox Martin

REALTOR | Luxe Director | CALBRE #00964448

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