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$15,000,000
Est. payment /mo
12,368 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,368 sqft
Price per Sqft $1,212
MLS Listing ID 12500875
Year Built 2015
Annual Tax Amount $20,493
Tax Year 2023
Lot Size 2.170 Acres
Acres 2.17
Lot Dimensions 2.17
Source Park City Board of REALTORS®
Property Description
Exceptional investment opportunity located at the prime intersection of Zion Park Blvd (State Route 9) and Lion Blvd at the gateway to Zion National Park which draws over 4.9 million visitors annually.
The property's value is further accentuated by an already thriving business with 13,026 square feet of existing infrastructure including two commercial buildings totaling 5,848 sq. ft. and six long-term rental units (3 detached homes and 3 units within a triplex) with the additional convenience of surface parking and a 2-car garage.
What sets this property apart is the substantial development potential it offers with the opportunity to nearly double the size of the operation, perfect for expanding your retail space, opening a restaurant, or additional dwellings.
With both a turnkey investment and the versatile development potential, this remarkable piece of real estate ensures immediate income potential as well as a myriad of possibilities for growth and increased revenue all at the entrance to one of the nation's most iconic national parks.
The property's value is further accentuated by an already thriving business with 13,026 square feet of existing infrastructure including two commercial buildings totaling 5,848 sq. ft. and six long-term rental units (3 detached homes and 3 units within a triplex) with the additional convenience of surface parking and a 2-car garage.
What sets this property apart is the substantial development potential it offers with the opportunity to nearly double the size of the operation, perfect for expanding your retail space, opening a restaurant, or additional dwellings.
With both a turnkey investment and the versatile development potential, this remarkable piece of real estate ensures immediate income potential as well as a myriad of possibilities for growth and increased revenue all at the entrance to one of the nation's most iconic national parks.
Location
State UT
County Washington
Area 59 - Other Utah
Interior
Heating Mini-Split
Cooling Mini-Split
Inclusions Building, Land
Exterior
Parking Features See Remarks
Utilities Available Electricity Connected
View Y/N No
Roof Type Flat,Metal
Building
Foundation Slab
Water Public
Structure Type Stucco,Wood Siding
New Construction No
Others
Tax ID S-101-A-1
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Listed by KW Park City Keller Williams Real Estate