2040 Long Cyn Rd Kanab, UT 84741
This exceptional mixed-use property, situated on 2.14 acres in Kanab, Utah (84741), presents a rare investment opportunity. The 1,344 square foot building, constructed in 1998, boasts a wrap-around covered deck and sits on a single story, within an 11-building complex. Currently operating as a successful tourist destination, the property enjoys high visibility due to its direct Highway 89 frontage, placing it ideally between major national parks including Zion, Bryce Canyon, and the Grand Canyon. Its prime location on the main tourist corridor ensures exposure to millions of annual visitors. The permitted commercial zoning allows for a diverse range of uses, including a restaurant, retail space, bed and breakfast, visitor center, event venue, and more. The property's existing infrastructure provides a solid foundation for expansion or diversification, with ample space for new construction to accommodate additional businesses or a private residence. The property's proximity to renowned attractions such as The Wave, White Pocket, Paria Canyon, and various slot canyons further enhances its appeal and potential for continued growth. This is a truly unique opportunity to own a thriving commercial enterprise in one of Utah's most stunning and sought-after locations. The asking price is $1,500,000, translating to $1,116.07 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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