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$3,950,000
Est. payment /mo
67,954 SqFt
New
386 E 300 S Kanab, UT 84741
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Key Details
Property Type Commercial
Sub Type Commercial Building
Listing Status Active
Purchase Type For Sale
Square Footage 67,954 sqft
Price per Sqft $58
MLS Listing ID 115890
Construction Status Existing
Year Built 1992
Annual Tax Amount $628,810
Lot Size 1.560 Acres
Acres 1.56
Property Sub-Type Commercial Building
Source Iron County Board of REALTORS®
Property Description
Cliffrose Group is pleased to present the Travelodge Kanab, a substantial 65-key hospitality opportunity located in the heart of Kanab, Utah.
This offering represents a chance to acquire a stabilized, operating asset in a high-barrier market that is quickly evolving from a passive stopover into one of the Southwest's most desirable boutique tourism destinations.
Situated on 1.56 acres along the critical East Zion corridor, the property provides immediate scale with 19,200 square feet of building area. While offered ''as-is,'' the site's C-2 zoning and significant key count offer an investor a flexible platform to capitalize on Kanab's rising profile as the Basecamp for Zion, Bryce Canyon, and Lake Powell. MARKET OVERVIEW
Kanab: The Next Frontier in Southwest Hospitality
Kanab has evolved from a quiet gateway town into Southern Utah's next resort destination. With visitation to the region surpassing millions of annual park visitors, Kanab sits perfectly positioned between multiple national parks while offering a more accessible, authentic experience than the congested Springdale corridor.
Proximity to Adventure:
Zion National Park: ~40 min
Lake Powell: ~1 hr 10 min
Bryce Canyon: ~1 hr 20 min
Grand Canyon (North Rim): ~1 hr 30 min
The city's emphasis on outdoor lifestyle and culinary tourism, combined with a scarcity of available commercial inventory, positions established assets like the Travelodge for sustained relevance and value growth.
INVESTMENT HIGHLIGHTS
Significant Scale: With 65 keys, this property is one of the larger lodging assets in Kanab, offering immediate operational efficiency and the ability to accommodate tour groups and higher visitor volume.
Prime Acreage & Zoning: The expansive 1.56-acre parcel is Zoned C-2, providing a secure footprint in a town where development supply is limited and barriers to entry are high.
Strategic Location: Located centrally in Kanab, the property benefits from the town's "Grand Circle" geography serving as the hub for Zion National Park, Bryce Canyon, the Grand Canyon North Rim, and Lake Powell.
Market Momentum: Kanab is emerging as a true destination for high-end adventure travelers. Acquiring at this price point offers a basis well below replacement cost in a market experiencing significant federal and state infrastructure investment (including the upcoming Zion Discovery Center). Buyer to Verify
This offering represents a chance to acquire a stabilized, operating asset in a high-barrier market that is quickly evolving from a passive stopover into one of the Southwest's most desirable boutique tourism destinations.
Situated on 1.56 acres along the critical East Zion corridor, the property provides immediate scale with 19,200 square feet of building area. While offered ''as-is,'' the site's C-2 zoning and significant key count offer an investor a flexible platform to capitalize on Kanab's rising profile as the Basecamp for Zion, Bryce Canyon, and Lake Powell. MARKET OVERVIEW
Kanab: The Next Frontier in Southwest Hospitality
Kanab has evolved from a quiet gateway town into Southern Utah's next resort destination. With visitation to the region surpassing millions of annual park visitors, Kanab sits perfectly positioned between multiple national parks while offering a more accessible, authentic experience than the congested Springdale corridor.
Proximity to Adventure:
Zion National Park: ~40 min
Lake Powell: ~1 hr 10 min
Bryce Canyon: ~1 hr 20 min
Grand Canyon (North Rim): ~1 hr 30 min
The city's emphasis on outdoor lifestyle and culinary tourism, combined with a scarcity of available commercial inventory, positions established assets like the Travelodge for sustained relevance and value growth.
INVESTMENT HIGHLIGHTS
Significant Scale: With 65 keys, this property is one of the larger lodging assets in Kanab, offering immediate operational efficiency and the ability to accommodate tour groups and higher visitor volume.
Prime Acreage & Zoning: The expansive 1.56-acre parcel is Zoned C-2, providing a secure footprint in a town where development supply is limited and barriers to entry are high.
Strategic Location: Located centrally in Kanab, the property benefits from the town's "Grand Circle" geography serving as the hub for Zion National Park, Bryce Canyon, the Grand Canyon North Rim, and Lake Powell.
Market Momentum: Kanab is emerging as a true destination for high-end adventure travelers. Acquiring at this price point offers a basis well below replacement cost in a market experiencing significant federal and state infrastructure investment (including the upcoming Zion Discovery Center). Buyer to Verify
Location
State UT
County Kane
Community Not Applicable
Interior
Heating Hot Water
Building
Structure Type Stucco
New Construction No
Construction Status Existing
Others
Senior Community No
Tax ID K-3-Annex
Listed by WHITE CROW REAL ESTATE

Troy Moultrie
Associate Broker | Luxury & Divorce Real Estate Specialist | License ID: 11195148-AB00



