For Sale
$1,350,000

83 State StHurricane, UT 84737

Six-unit hotel, high-growth area, huge potential.

Overview

Added:
Feb 3
Days on market:
61
This exceptional commercial property, located at 83 E State St in Hurricane, Utah, presents a unique investment opportunity. Currently operating as a fully licensed and income-producing hotel, this 0.76-acre site boasts six units: four nearly new, fully furnished mini-homes and two beautifully remodeled historic houses. Each unit offers a charming and comfortable atmosphere, appealing to a wide range of guests. The property's central Hurricane location ensures high visibility and easy access to local amenities. Preliminary city approvals are in place for the construction of five additional mini-homes, significantly increasing the property's potential rental income and overall value. The expansive grounds feature lush greenery, mature trees, and commercial-grade turf, creating an attractive and well-maintained environment. Ample storage space is available for trailers, toys, and tools, thanks to the inclusion of a dedicated storage lot and outbuildings. This property is ideally suited for an owner-operator seeking a hands-on investment or an investor looking for a strong return on investment in a rapidly growing market. The existing infrastructure and city approvals minimize development hurdles, allowing for a swift expansion and increased profitability. This is a turnkey operation with significant upside potential. Priced at $1,350,000.

Property Details for 83 State St

Property type
Year Built
1963
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Hurricane
County
Washington
State
Utah
Latitude
37.17683
Longitude
-113.2866
83 State St, Hurricane, Utah

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83 State St
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