For Sale
$7,000,000

535 S Main St Moab , UT 84532

52-room hotel, excellent investment opportunity.

Overview

Added:
Jan 15
Days on market:
100
The Red Stone Inn, a thriving 52-room hotel, presents a unique investment opportunity in the heart of Moab, Utah. Situated on a 1.22-acre lot at 535 S Main St, 84532, this established property boasts 53 parking spaces, ensuring ample guest convenience. Each of the 52 guest rooms includes in-room amenities such as a refrigerator, coffee maker, and microwave, enhancing guest comfort and satisfaction. The hotel's pet-friendly policy further broadens its appeal to a wider range of travelers. Its prime downtown location offers unparalleled accessibility for both regional and national visitors, with convenient proximity to major highways. The Red Stone Inn benefits from a strategic location, with no competing hotels planned for development in the immediate vicinity, ensuring sustained market dominance. Nestled amidst the stunning red rock landscapes of southern Utah, Moab attracts millions of visitors annually, creating a robust and consistent demand for lodging. This presents a compelling investment opportunity with significant potential for growth and return. The hotel operates independently, offering flexibility and control to the new owner. This property is an exceptional opportunity to acquire a well-established, high-performing hotel in a thriving tourist destination.

Highlights

  • Prime Moab location, 52-room hotel with ample parking (53 spaces).
  • 1.22-acre lot, ensuring ample space and future development potential.
  • Independent operation in a thriving tourist destination, protected from new hotel competition.

Property Details for 535 S Main St

Property type
Hotels, Hospitality properties
Square Feet
53,143 SF
Price / Square Foot
$131.72
Year Built
1992
Elevators
N/A
Lot Size (sq. ft)
53,143 SF
Units
52

Location Insight

City
Moab
County
State
Utah

FAQs

What type of property is this?
Hotel - 52-room hotel, excellent investment opportunity.
Where is the hotel located?
The property is located at 535 S Main St Moab , UT.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Prime Moab location, 52-room hotel with ample parking (53 spaces).; 1.22-acre lot, ensuring ample space and future development potential.; Independent operation in a thriving tourist destination, protected from new hotel competition.
How can I contact the broker?
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535 S Main St
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