3340 Ave Vernal, UT 84078
This exceptional turn-key restaurant presents a unique investment opportunity in the thriving city of Vernal, Utah. Situated on a spacious 1.83-acre lot at 3340 North Ave, this fully equipped establishment is ready for immediate operation. Recent renovations ensure a modern and inviting atmosphere, perfectly positioned to capitalize on the significant influx of workers into the Vernal area. The property's prime location makes it an ideal destination for both residents and travelers seeking a memorable dining experience. All equipment is included in the sale price of $1,400,000, streamlining the transition for the new owner. While the exact square footage is not definitively stated, county records provide an estimate. Prospective buyers are strongly encouraged to conduct their own independent measurement to verify the space. This turnkey operation offers a rare chance to establish a successful restaurant in a rapidly expanding market, poised for significant growth and return on investment. The existing infrastructure and prime location minimize start-up costs and maximize potential for immediate profitability. Don't miss this chance to own a thriving business in a booming community.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.