54
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$5,800,000
Est. payment /mo
10 Acres Lot
New
1828 E HIGHWAY 24 ST Torrey, UT 84775
Additional details
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2107964
Construction Status Blt./Standing
HOA Y/N No
Year Built 1965
Annual Tax Amount $8,767
Lot Size 10.000 Acres
Acres 10.0
Lot Dimensions 1100.0x0.0x0.0
Property Sub-Type Hotel/Motel
Property Description
The Rim Rock Inn and Restaurant, with its rich history, is part of the fabric of Torrey. Located close to the entrance of Capitol Reef National Park and near the heart of Torrey, it is gifted with amazing, inspirational views. The superb location attracts customers from every state and every country. Only 3% of Wayne County is private land, thus making this huge space of ten acres on Highway 24, in close proximity to the National Park, extremely valuable. While the business functions very well with the Inn, Restaurant, cabins and another restaurant, The Patio, the possibility for expansion is substantial. All the buildings and equipment are in good repair and have been consistently maintained. This is an excellent opportunity to purchase a thriving, turn-key business in an extremely beautiful tourist spot. There are 31 rooms, including newer cabins and a spacious suite above the Patio. The accommodations are available from April 1 to October 26 and have a 77% occupancy rate for the season. The restaurant with the fine dining menu, is well-liked by both local and tourist customers. The Patio is a more casual eating spot, with a huge outdoor space, making it possible to eat outside and enjoy the fabulous view. Please email lisitng agent to request a complete packet.
Location
State UT
County Wayne
Area Fremont; Loa; Bicknell; Torrey
Interior
Fireplace No
Exterior
View Y/N No
Present Use Commercial
Private Pool No
Building
Faces North
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 02-0037-0846
Listed by Boulder Mountain Realty, Inc.