For Sale
$4,250,000

333 Main St Richfield, UT 84701

51-Key Hotel, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity awaits with this 51-key Ramada hotel in Richfield, Utah. Located at 333 N Main St, Richfield, UT 84701, this two-story, 34,000 square foot hotel sits on a 1.05-acre lot. Built in 1978 and extensively renovated in 2023, the property boasts modern amenities designed to maximize guest satisfaction and occupancy. These include complimentary breakfast, free Wi-Fi, a fitness center, and an outdoor pool. The hotel's strategic location provides convenient access to local attractions, ensuring a consistent stream of visitors throughout the year. The asking price is $4,250,000. This established hotel offers a proven track record and a strong reputation for quality service, presenting a compelling prospect for investors seeking to capitalize on the thriving hospitality market in Richfield. The property's strong performance and recent renovations position it for continued growth and profitability. This is a turnkey operation ready for a new owner to step in and continue its success.

Highlights

  • $4,250,000 asking price for a 51-key hotel.
  • 34,000 square foot hotel in Richfield, Utah.
  • Located at 333 N Main St, Richfield, UT 84701.
  • Built in 1978, renovated in 2023.
  • Features include free Wi-Fi, complimentary breakfast, fitness center, and outdoor pool.
  • Sits on a 1.05-acre lot.

Property Details for 333 Main St

Property type
Hospitality properties, Hotels
Square Feet
34,000 SF
Year Built/Renovated
1978/2023
Stories
2
Lot Size (sq. ft)
45,738 SF

Location Insight

City
Richfield
County
Sevier
State
Utah
Latitude
38.772921085471
Longitude
-112.08487323729

FAQs

What type of property is this?
Hospitality property - 51-Key Hotel, Prime Location
Where is the hospitality property located?
The property is located at 333 Main St Richfield, UT.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: $4,250,000 asking price for a 51-key hotel.; 34,000 square foot hotel in Richfield, Utah.; Located at 333 N Main St, Richfield, UT 84701.
How can I contact the broker?
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333 Main St
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