Current Use by Public Records
- Retail properties & Spaces
Property Details for 83 State St
- Lot size
- 0.76 lot acres
- Property type
- Retail properties & Spaces
Description
This exceptional commercial property in the heart of Hurricane, Utah, presents a unique investment opportunity. Currently operating as a fully licensed and profitable nightly rental business, this 0.76-acre site boasts six units: four nearly new, fully furnished mini-homes and two beautifully remodeled historic houses. Each unit offers distinct charm and comfort, contributing to the property's impressive collection of positive guest reviews. The property's current configuration provides immediate income generation, while the city's approval of preliminary plans for five additional mini-homes unlocks significant expansion potential. The expansive lot offers ample space for future development, complemented by existing outbuildings, a large laundry facility, and a dedicated storage area ideal for trailers, equipment, or recreational vehicles. The property is enhanced by lush landscaping, mature trees, and commercial-grade turf. This turnkey operation is well-suited for an owner-operator seeking hands-on involvement or an investor seeking a strong return on investment. Existing maintenance and cleaning crews are available to ensure seamless operations, and the current owners are willing to provide a transition period post-sale. Priced at $1,350,000, this property represents a rare blend of immediate income and substantial growth potential in a thriving Utah market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hurricane
- County
- Washington
- State
- Utah
- Longitude
- -113.285
- Latitude
- 37.1778
