Moab, UT 84532,1151 S HIGHWAY 191
Moab, UT 84532,1151 S HIGHWAY 191
Moab, UT 84532,1151 S HIGHWAY 191
Moab, UT 84532,1151 S HIGHWAY 191
Moab, UT 84532,1151 S HIGHWAY 191
Moab, UT 84532,1151 S HIGHWAY 191
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$1,300,000

$1,500,000

13.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

0.62 Acres Lot


SOLD DATE : 03/15/2024

Key Details

Sold Price $1,300,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 1965327

Sold Date 03/15/24

HOA Y/N No

Annual Tax Amount $5,782

Lot Size 0.620 Acres

Acres 0.62

Lot Dimensions 0.0x0.0x0.0

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

Interior

Fireplace false

Exterior

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected

Waterfront No

View Y/N No

Present Use Commercial

Private Pool false

Building

Sewer Sewer: Connected

New Construction No

Schools

Elementary Schools Helen M. Knight

High Schools Grand County

School District Grand

Others

Senior Community No

Tax ID 02-0007-0103

Acceptable Financing Cash, Conventional

Horse Property No

Listing Terms Cash, Conventional

Financing Conventional

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Listed by Summit Sotheby's International Realty
Bought with Moab Utah Real Estate & Rentals
agent-avatar

+1(801) 259-5565

ccpollock@outlook.com

5965 S 900 E STE 150, Murray, Utah, 84121, United States

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