$1,800,000
BEDS
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BATHS
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SQFT
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ACRES
0.83
Active MLS # 1994055, Listed by Summit Sotheby's International Realty
1285 S Arnel Ln is a $1,800,000 home on a 0.83 acre lot located in Moab, UT.
Seller’s Description
Located in the heart of Moab, adjacent to Mill Creek Drive and in the center of one of Moab's major redevelopment districts, this distinctive short-term rental property offers a prime investment or boutique lodging opportunity. Just moments away from the lively downtown area, this property includes a charming collection of vintage trailers, a classic residence, a communal laundry/washroom, and an authorized lodging permit, presenting an eclectic and rare asset in Moab's restrictive short-term rental market. Nestled within a bustling short-term rental area along Mill Creek Drive, this property benefits from high visibility and access, making it ideal for short-term rentals. This property is minutes from numerous popular intersections including Spanish Valley Drive - Mill Creek Drive, and Mill Creek Drive - Highway 191/Aggie BLVD, home to Moab's new state-of-the-art USU campus. Also worth noting is the planned Spanish Valley Multi-Use Pathway that will enable better and safer pedestrian traffic along Mill Creek Drive and Spanish Valley Drive. Zoned for Highway Commercial use and including an approved Permit for Short-Term Rentals, it allows for a variety of business activities including the coveted option for short-term rentals-a scarce and valuable feature in Moab. This property stands out as a unique opportunity in a key redevelopment area, perfect for an investor looking to capitalize on a mix of commercial flexibility.
Features
INTERIOR
EXTERIOR
PROPERTY
| Days on Market | 140 |
| Property Type | Commercial Sale |
| Property Sub Type | HotelMotel |
| Style | BltStanding Commercial |
| Year Built | 1972 |
| HOA Fee | $0.00 |
| Taxes | $3,308.00 |
| County | grand |
| School District | |
| Elementary School | |
| Middle School | |
| High School | |
| Neighborhood | |
| Financial Terms | Cash Conventional Exchange |
Based on information from the Wasatch Front Regional Multiple Listing Service, last updated 09/10/2024 at 04:26am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.
