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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1965327
Annual Tax Amount $5,782
Lot Size 0.620 Acres
Property Sub-Type Commercial
Property Description
Strategically located just south of the bustling downtown Moab, this unique property along Highway 191 presents a dynamic and rare investment opportunity in the Moab, Utah market. Zoned Highway Commercial, the parcel showcases an eclectic ensemble of seven well-maintained vintage trailers and a vintage residence, demonstrating its immense versatility. Currently serving as an esteemed employee housing enclave, this property has empowered local enterprises with the capacity to offer their staff superior living accommodations. This not only amplifies employee satisfaction but stands as a testament to the property's multifunctional usage. One of the distinctive selling points is its zoning provision for short-term rentals. Such a privilege is a rarity in the region, offering potential investors a golden ticket for unparalleled ROI. With the possibility of redevelopment, there lies a vision of optimizing the land to construct additional units, further elevating its rental income potential. In an era where real estate precision aligns with business acumen, this property encapsulates both. A blend of prime location, versatile usage, and ample redevelopment opportunities this is not just an acquisition; it's an acquisition opportunity for an existing hotelier/lodge owner/developer. Secure it now and shape the future of business-centric housing in Moab.
Location
State UT
County Grand
Area Moab Valley; Pack Creek
Zoning Commercial
Exterior
Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected
View Y/N No
Building
Sewer Sewer: Connected
New Construction No
Schools
Elementary Schools Helen M. Knight
High Schools Grand County
School District Grand
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Jerome Bennett
Principal Broker | License ID: 5451352-PB00
Principal Broker License ID: 5451352-PB00