$389,000
MLS# 25-261418
Status: Closed
3934 sqft
1 / 25
Property Description
Incredible Main Street Property! Income producing leases in place in great recreational town of Escalante! Main floor has almost 2000 SF of retail space, large store front windows on Scenic Byway 12 in the heart of the Grand Staircase Escalante Nat'l Monument. Upstairs has 3 apartments thar are always rented! Each with a spacious floor plan, 1 bed/1 bath & w/d. Main floor is leased to a Thrift Store, which can continue, or remodel into a cafe/ ice cream/ deli/ art gallery, Airbnb, or whatever your dream business is! Built in 1947 with some upgrades over the years, and ready to remodel to your desired plans. The apartments were placed as prefab modular units in 1998 and are well maintained. Historic Jail cells from late 1800's on site, just begging to become part of your business plan.
Details
Contract Info
Original List Price: 389000
Short Sale Status: No
Listing Date: 2025-05-16
General Prop Info
Realtor.com: Multi-Family
Lot Acres: 0.08
Lot Irregular: Yes
# of Buildings: 1
1 Bedroom Aprx SqFt: 650
2 Bedroom Aprx SqFt: 650
3 Bedroom Aprx SqFt: 650
# Floors: 2
Elevators: No
HOA Transfer Fee: No
Year Built: 1947
Number of Units: 4
Total SqFt: 3934
Location, Tax & Legal
Total Taxes: 1368
Tax Year: 2024
Elementary Schools: Out of Area
Jr. High Schools: .
Sr. High Schools: Out of Area
List Price/SqFt: 98.88
List Price: $389,000
Current Price: $389,000
MLS Area: Outside Area
State/Province: UT
Postal Code: 84726
County: Other
Tax ID: 04-0022-0075
Remarks & Misc
Directions: On Scenic Byway 12
Status Change Info
Sold Price/SqFt: 94.81
Sold Date: 2025-09-30
Under Contract Date: 2025-08-11
Status: Closed
Annual Grs Rntl Inc
# 1 Bedroom Units: 3
1 Bedroom Rent: 600
1 Bedroom Total Rent: 1840
- Vacancy & Credit %: 0
+ Other Income: 600
Annual Oper Expenses
Real Estate Taxes: 1368
Property Insurance: 4103
Repairs & Maint: 500
Sewer/Water: 840
Net Operating Income: 22529
Construction
Block: 1
Brick: 1
Wood Frame: 1
Separate Meters
Electric: 1
Zoning
Commercial: 1
Mixed Zoning: 1
Multi-Family: 1
Residential: 1
Terms of Sale
1031 Exchange: 1
Cash: 1
Conventional: 1
Roof
Metal: 1
Heating
Gas FA: 1
Space Heater: 1
Air Conditioning
None: 1
Showing Instructions
Call Listing Agent: 1
Possession
Other: 1
Property Features
Construction: Block; Brick; Wood Frame
Separate Meters: Electric
Roof: Metal
Heating: Gas FA; Space Heater
Air Conditioning: None
Showing Instructions: Call Listing Agent
Zoning: Commercial; Mixed Zoning; Multi-Family; Residential
Terms of Sale: 1031 Exchange; Cash; Conventional
Possession: Other
Supplements
So many possibilities! Low maintenance property with mixed zoning. Original Escalante Jail Cells - would make a great photo/marketing opportunity of western history. Boasts an ET. Barnum Iron Works plaque (and the original key! ) Hard to find property with constant rental income in growing tourist town. Rents are low and can be raised for additional income. Small basement under main floor, great for storage. Call for more details and appointment.
Listing Office: TRAILS END REAL ESTATE
Last Updated: October - 01 - 2025
Information deemed reliable but not guaranteed.