260 E 400 N, Manti

$659,000

0 Bed
0 Bath
1.34 Acres
0 Garage

Looking to invest in a fully operational motel business? This is a fantastic opportunity! Imagine running a business that not only provides you with a steady source of income, but also allows you to live on site. The motel boasts 12 well-maintained rooms available on a daily basis. The 12 rooms consist of 4 one queen bed rooms and 8 two queen bed rooms. Additionally, there is an owner/manager suite with 2 bedrooms and 1 bathroom, with an option to add another bathroom and plenty of room to extend more bedrooms, living rooms etc. This suite includes a large laundry room with 2 washers and 2 dryers, a kitchen, a dining bar, and 2 living rooms. There is also an option to expand the space in the basement with plenty of room for more living space or tons of storage space. With a warm and welcoming front office, which offers a public bathroom for guests and a large inventory storage room. Plenty of parking is available for customers, including those with larger cargo such as ATVs, UTVs, snowmobiles, and much more. The motel has a loyal customer base and future bookings are already scheduled. As the spring and summer months approach, even more bookings are expected. The motel is situated on a great corner lot diagonal from the Manti Temple, with additional property surrounding it that presents many different opportunities for various events and occasions. All equipment, furniture, lawn tools, office equipment, inventory etc. are included in the sale. Sale does exclude managers personal belongings in manager suite. Don't miss out on this rare chance to own a great business opportunity. Square footage figures are provided as a courtesy estimate only and were obtained from the Sanpete County Assessors office. Buyer is advised to obtain an independent measurement.

Essential Information
MLS® #1984878
Price$659,000
Bathrooms0.00
Acres1.34
Year Built1974
TypeCommercial Sale
Sub-TypeHotel/Motel
StatusUnder Contract
Community Information
Address260 E 400 N
AreaEphraim; Manti
SubdivisionYOUNG PROPERTY
CityManti
CountySanpete
StateUT
Zip Code84642
Utilities

120/240 V 1 Phase,Gas: Natural,Paid By Landlord

Interior
InteriorCarpet
AppliancesFurniture,Real Estate,Supplies
HeatingElectric
CoolingWindow Unit(s)
Interior Features

Alarm: Fire,Basement,Basement Garage,Computer,Dishwasher,Kitchen,Range/Oven,Refrigerator,Restroom: Private,Restroom: Public

Exterior
Exterior FeaturesPlayground
WindowsBlinds
Additional Information
Date ListedMarch 8th, 2024
Days on Market61
ZoningSingle-Family
Listing Details
AgentMisty Braithwaite
OfficeRed Rock Real Estate (Central)
Contact Details435-851-4351
Property History
Price Reduced from $735,000 to $659,000
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