180 Ctr St Panguitch, UT 84759

This exceptional 18-room motel, situated at the gateway to Bryce Canyon National Park in Panguitch, Utah, presents a compelling investment opportunity. Boasting a prime location in a high-tourism area, this property offers significant potential for increased profitability. Recently renovated in 2024, the motel features a manager's apartment and a separate two-bedroom house, which can be utilized as a rental unit, additional hotel accommodations, or for nightly rentals. The 0.57-acre lot is zoned H/MC, providing flexibility for future development. The property underwent a full rehabilitation starting Summer 2024, enhancing its appeal and value. This value-add property is poised to become a highly lucrative income-generating asset. The asking price is $999,900, and seller financing is available with a 30% down payment. Note that the sales price may increase as renovations progress. The property's APN is 07-0063-0294. This is a rare opportunity to acquire a well-located motel in a thriving tourist destination. The motel was originally built in 1962. The address is 180 Center St, Panguitch, UT 84759.