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    210 100 Kanab, UT 84741

    For Sale
    $1,500,000

    Class A Restaurant, High Tourist Area

    Property size:
    2,979 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A restaurant building, located in Kanab, Utah, presents a unique investment opportunity. Built in 2018, this single-story, 2,979 square foot property sits on a 0.29-acre lot zoned for commercial use. The building boasts the largest outdoor dining area in the region, while retaining some historic charm from a previous structure. Its prime location on a bustling corner of Highway 89A provides easy access and high visibility. The property's proximity to major tourist attractions like Lake Powell, the Grand Canyon, Coral Pink Sand Dunes, and Zion National Park ensures a steady stream of potential customers. The asking price of $1,500,000 ($503.52 per square foot) includes all high-end, European-imported furniture, fixtures, and equipment (FF&E), as well as the Aloha point-of-sale system and displays. This turn-key operation is perfect for an owner-user seeking a thriving restaurant business in a high-demand location. The property's APN is K-3-12. This is a single-unit property with one building.

    Property Features for 210 100

    General Information

    Property type
    Restaurants
    Square Feet
    2,979 SF
    Class
    A
    Lot Size
    12,632 SF

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • High‑performance, quality furniture, fixtures, and equipment (FF&E) included.
    • Prime downtown location.
    • Class A restaurant space available.
    • Situated in a high‑traffic tourist area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vermillion 45 Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kanab
    County
    Kane
    State
    Utah
    Longitude
    -112.52641369724
    Latitude
    37.044445812864

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    FAQs

    What type of property is this?
    Restaurant - Class A Restaurant, High Tourist Area
    Where is this restaurant located?
    The property is located at 210 100 Kanab, UT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High-performance, quality furniture, fixtures, and equipment (FF&E) included.; Prime downtown location.; Class A restaurant space available.
    Request Owner's contact information
    210 100 Kanab, UT 84741
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    Kanab, UT 84741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    210 100 Kanab, UT 84741
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