UT > Gunnison
Gunnison, UT 84634,395 S MAIN
Gunnison, UT 84634,395 S MAIN
Gunnison, UT 84634,395 S MAIN
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Ranlife Real Estate

Ranlife Real Estate

+1(801) 349-9095
$868,000
Est. payment /mo
6 Beds
5 Baths
2,432 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,432 sqft

Price per Sqft $356

MLS Listing ID 2117797

Style Five-Plex

Bedrooms 6

Construction Status Blt./Standing

HOA Y/N No

Year Built 1953

Annual Tax Amount $3,100

Lot Size 2.050 Acres

Acres 2.05

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type > 4 Units

Property Description

Discover a unique investment opportunity in the heart of historic Gunnison, Utah. This recently updated multi-unit motel sits on a spacious 2-acre lot just off Main Street, offering prime visibility, peace, and small-town charm. The property features four renovated guest rooms, each with new showers, toilets, flooring, paint, and HVAC systems. Nearly every aspect has been refreshed, creating a clean and comfortable stay for guests. The grounds have been enhanced with new landscaping, adding to the property's inviting curb appeal. In addition to the guest rooms, there's a two-bedroom home, ideal for an on-site manager or long-term rental income. At the front of the property sits a commercial storefront facing Main Street, perfect for a hair salon, boutique, office, or any retail business looking for great exposure. This room could also serve as a third bedroom for the on-site Manager. With more than 2 acres of land, there's ample space behind the motel to expand or develop additional units, RV pads, or even tiny homes, offering excellent potential for future growth and increased income. This is a turnkey investment in a peaceful, high-visibility location with multiple income streams and strong upside potential.

Location

State UT

County Sanpete

Area Fayette; Gunnison; Cntrvl; Axtl

Zoning Multi-Family, Commercial, Short Term Rental Allowed

Interior

Interior Features Great Room

Heating Gas: Central

Flooring Carpet, Hardwood

Inclusions Dryer, Washer

Fireplace false

Window Features Blinds,Drapes

Exterior

Exterior Feature Out Buildings

Garage Spaces 1.0

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Residential

Topography Fenced: Part, Sprinkler: Auto-Full

Accessibility Accessible Hallway(s), Accessible Electrical and Environmental Controls, Audible Alerts, Fully Accessible, Ground Level, Single Level Living, Customized Wheelchair Accessible

Total Parking Spaces 16

Private Pool false

Building

Lot Description Fenced: Part, Sprinkler: Auto-Full

Sewer Sewer: Connected

Water Culinary, Irrigation

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Gunnison Valley

Middle Schools Gunnison Valley

High Schools Gunnison Valley

School District South Sanpete

Others

Senior Community No

Tax ID 00002644X1

Acceptable Financing Cash, FHA, VA Loan

Horse Property No

Listing Terms Cash, FHA, VA Loan

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Listed by Brand Real Estate and Investment Group

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Ranlife Real Estate

Ranlife Real Estate

+1(801) 349-9095

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395 S MAIN