360 W MAIN STREET, Torrey, UT 84775

$1,125,000
Property Type: Commercial Square Footage: 7,526 Lot Size (sq. ft.): 54,014 Status: Closed
Current Price: $1,125,000 List Date: 2/28/2022 Last Modified: 9/25/2024

Description

**INVESTORS DREAM** YOU HAVE A RARE OPPORTUNITY TO OWN THE ICONIC CAPITOL REEF INN AND CAFE. ONE OF A KIND HOTEL IN TORREY, UT THAT HAS BEEN A LANDMARK FOR GENERATIONS. THE HOTEL AND CAFE FEATURES 10 FURNISHED ROOMS WITH STUNNING VIEWS OF THE RED ROCKS, BEAUTIFUL MATURE TREES, LIVING QUARTERS ON PROPERTY, COMMERCIAL KITCHEN, DINING AREA, HOTEL CHECK-IN AREA AND GIFT SHOP.

Supplements: **SELLER WILL LOOK AT SELLER FINANCING OPTIONS WITH A 17% DOWN PAYMENT**

More Information MLS# 22-229684

Contract Info

List Price/SqFt: 149.48 Offering Type: Sale Cap Rate: 0 Short Sale Status: No CAM: 0 Lease Price/Annual: 0 Lse Prc Mnth P/SqFt: 0 List Price: $1,125,000 Current Price: $1,125,000 Listing Date: 2022-02-25

Location, Tax & Legal

Total Taxes: 4342.47 Tax Year: 2021 Geo Lat: 38.299416 Geo Lon: -111.428922 House Number: 360 Street Direction Pfx: W Street Name: MAIN STREET MLS Area: Outside Area State/Province: UT Postal Code: 84775 County: Other Tax ID: 02-0021-0726

General Property Info

Realtor.com: Commercial Lot Acres: 1.24 Available SqFt: 7526 # of Floors: 1 Listing Class: Business Only Total SqFt: 7526 Year Built: 1965

Remarks & Misc

Directions: DRIVING EAST ON UTAH STATE ROUTE 24, FOLLOW HWY INTO TORREY, PASS SAND CREEK ROAD AND THE PROPERTY IS ON THE LEFT HAND SIDE.

Status Change Info

Sold Price/SqFt: 117.39 Sold Date: 2022-12-29 Under Contract Date: 2022-05-24 Status: Closed

Type of Property

Commercial: 1 Motel/Hotel: 1 Retail Restaurant: 1

Site Description

Other - See Remarks: 1

Zoning

Commercial: 1

Terms of Sale

Seller Financing: 1 Submit Any Offer: 1

Showing Instructions

Call Listing Agent: 1 Key Box: 1

Property Features

Type of Property: Commercial; Motel/Hotel; Retail Restaurant Site Description: Other - See Remarks Showing Instructions: Call Listing Agent; Key Box Zoning: Commercial Terms of Sale: Seller Financing; Submit Any Offer
Listing Office: REAL BROKER RED ROCK
Last Updated: September - 25 - 2024
Information deemed reliable but not guaranteed.