, Escalante, UT 84726 (MLS# 25-261418)

Escalante, UT 84726

New Listing
$389,000
Property Type: MultiFamily Square Footage: 3,934 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $389,000 List Date: 5/18/2025 Last Modified: 5/18/2025

Description

Incredible Main Street Property! Income producing leases in place in great recreational town of Escalante! Main floor has almost 2000 SF of retail space, large store front windows on Scenic Byway 12 in the heart of the Grand Staircase Escalante Nat'l Monument. Upstairs has 3 apartments thar are always rented! Each with a spacious floor plan, 1 bed/1 bath & w/d. Main floor is leased to a Thrift Store, which can continue, or remodel into a cafe/ ice cream/ deli/ art gallery, Airbnb, or whatever your dream business is! Built in 1947 with some upgrades over the years, and ready to remodel to your desired plans. The apartments were placed as prefab modular units in 1998 and are well maintained. Historic Jail cells from late 1800's on site, just begging to become part of your business plan.

Supplements: So many possibilities! Low maintenance property with mixed zoning. Original Escalante Jail Cells - would make a great photo/marketing opportunity of western history. Boasts an ET. Barnum Iron Works plaque (and the original key! ) Hard to find property with constant rental income in growing tourist town. Rents are low and can be raised for additional income. Small basement under main floor, great for storage. Call for more details and appointment.

More Information MLS# 25-261418

General Prop Info

Realtor.com: Multi-Family Lot Acres: 0.08 Lot Irregular: Yes Year Built: 1947 # of Buildings: 1 Number of Units: 4 1 Bedroom Aprx SqFt: 650 2 Bedroom Aprx SqFt: 650 3 Bedroom Aprx SqFt: 650 Total SqFt: 3934 # Floors: 2 Elevators: No HOA Transfer Fee: No

Contract Info

Listing Date: 2025-05-16 Short Sale Status: No

Location Tax Legal

List Price: $389,000 Current Price: $389,000 MLS Area: Outside Area State/Province: UT Postal Code: 84726 County: Other Tax ID: 04-0022-0075

Status Change Info

Status: Active

Annual Grs Rntl Inc

# 1 Bedroom Units: 3 1 Bedroom Rent: 600 1 Bedroom Total Rent: 1840 + Other Income: 600

Annual Oper Expenses

Real Estate Taxes: 1368 Property Insurance: 4103 Repairs & Maint: 500 Sewer/Water: 840 Net Operating Income: 22529

Property Features

Construction: Block; Brick; Wood Frame Separate Meters: Electric Roof: Metal Heating: Gas FA; Space Heater Air Conditioning: None Showing Instructions: Call Listing Agent Zoning: Commercial; Mixed Zoning; Multi-Family; Residential Terms of Sale: 1031 Exchange; Cash; Conventional
Listing Office: TRAILS END REAL ESTATE
Last Updated: May - 18 - 2025
Information deemed reliable but not guaranteed.