132 CENTER Street

132 CENTER Street Panguitch, Utah 84759 United States

Wonderful owner-occupant or investment opportunity! This charming 14 room motel boasts high occupancy rates, especially during peak season. Owner currently has motel open from April through October, and has an average daily rate of $102. In addition to the motel, sale comes with a 1400 square foot 2 bedroom, 1 bath home with attached motel office. There is also a 300 square foot 1 bedroom, 1 bath guest home at the back of the property. Motel is located in a desirable location right on Hwy 89, which brings in great foot traffic. Panguitch is known as the "Hub of the Wagon Wheel" due to its close proximity to Kodachrome Basin State Park, Anasazi State Park, Escalante Petrified Forest State Park, and North Rim Grand Canyon. Being only 20 miles from Bryce Canyon National Park and 73 miles from Zions National Park, this motel brings in travelers all on its own! Capitol Reef is 144 miles away via Scenic Byway 12. The Purple Sage is located 14 miles from Panguitch Lake, which produces some of the largest rainbow trout in the state! Tax ID 07-0063-0298 included in sale. Financials available to serious buyers with confidentiality agreement. POF or approval letter required for walk through. All information to be verified by buyer.

Listing Courtesy of New Star Real Estate LLC ,WFR MLS