386 E 300 S - Hospitality FOR SALE


Kanab, UT 84741
$4,950,000 USD
435-229-2522
386 E 300 S, Kanab, UT for Sale
$4,950,000 USD
Hospitality - FOR SALE
1/52
null | Request Cap Rate

386 E 300 S
Kanab, UT 84741


HIGHLIGHTS

  • Significant Scale
  • Prime Acreage & Zoning
  • Strategic Location
  • Market Momentum

OVERVIEW

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).

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$225 USD /SF

# OF ROOMS

65

PRICE/ROOM

$76,154 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Travelodge Kanab

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1992

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

Commercial

APN/PARCEL ID

K-3-ANNEX

ASK ABOUT THIS PROPERTY

Shellee HainesWhite Crow Real EstateMore Info
435-229-2522

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Shellee HainesWhite Crow Real EstateMore Info
435-229-2522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.