Scenic View Inn
287 N Lake Powell Blvd Page, AZ 86040
For Sale
$9,900,000
130-room hotel with restaurant, bar, and convention space.
Property Size96,490 SF
Lot Size5.77 Acres
Price / SF$102.60
Days on Market147
Property Features for 287 N Lake Powell Blvd
General Information
- Standard status
- Active
- Size
- 96,490 SF
- Lot size
- 5.77 Acres
- Property subtype
- Hospitality
Listing Agency:
NAI Excel
(435) 627-5718
Listed By:
Brandon Price · License #UT #11888747-SA00
Source:
Naiglobal
Added: Feb 26
Changed: Jul 10
Last Checked: Jul 23 at 4:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Excel
Investment Insights
Based on property information with market context.
The Scenic View Inn is a 96,490 square foot, 130-room hotel situated on a 5.77-acre site in Page, Arizona. Built in 1978 and zoned CBD (Central Business District), the property is located in the heart of Page, Arizona, along Lake Powell Boulevard, offering scenic views and strong visibility. The property includes a full-service restaurant and bar, a large commercial kitchen, expansive group and convention space, and ample on-site parking. The oversized lot provides flexibility for future expansion or redevelopment. Its proximity to Lake Powell, regional schools, medical facilities, and Page Municipal Airport supports consistent tourism and local demand. This hospitality asset is located in a high-traffic corridor and has multiple revenue components.
Key Highlights
- Premier location on Lake Powell Boulevard with scenic views and strong visibility.
- Large ±5.77‑acre lot offering flexibility for future expansion or redevelopment.
- 130‑room hotel with full‑service restaurant, bar, and large commercial kitchen.
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.74M | $18.00 |
| − Vacancy | −$173.7k | −$1.80 |
| EGI | $1.56M | $16.20 |
| − OpEx | −$820.6k | −$8.51 |
| NOI | $742.5k | $7.69 |
96,490 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 52.50%
Alternative Uses
Best Use
Specialty Retail
$20.30M
$17.76M – $23.68M
NOI $1,420,936 @ 7.0% cap · market cap 14.35%
Second Best
Hotel Hospitality
$10.61M
$9.28M – $12.37M
NOI $742,491 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$26.68M
$23.34M – $31.12M
NOI $1,867,299 @ 7.0% cap · market cap 18.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quality Inn View ...
Hotel & Motel
FAQs
What type of property is this?
Hotel - 130-room hotel with restaurant, bar, and convention space.
Where is this hotel located?
The property is located at 287 N Lake Powell Blvd Page, AZ.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: Premier location on Lake Powell Boulevard with scenic views and strong visibility.; Large ±5.77‑acre lot offering flexibility for future expansion or redevelopment.; 130‑room hotel with full‑service restaurant, bar, and large commercial kitchen.
