$1,125,000
Torrey, UT 84775
MLS# 22-229684
Status: Closed
7526 sqft
1 / 54
Property 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.
Details
Maps
Contract Info
Original List Price: 115000
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
Supplements
**SELLER WILL LOOK AT SELLER FINANCING OPTIONS WITH A 17% DOWN PAYMENT**
Listing Office: REAL BROKER RED ROCK
Last Updated: September - 25 - 2024
Information deemed reliable but not guaranteed.