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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3340 Ave Vernal, UT 84078

1.83 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.83 ac (79,715 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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