385 N STATE ST, La Verkin, UT 84745 (MLS# 26-273695)

385 N STATE ST, La Verkin, UT 84745

$1,250,000

Property Type: MultiFamily Square Footage: 5,693 Lot Size (sq. ft.): 12,197 Status: Active

Current Price: $1,250,000 List Date: 6/26/2026 Last Modified: 7/02/2026

Overview

Description

Rare Income-Producing Commercial Opportunity on the Zion Gateway Corridor Rare opportunity to own an income-producing commercial property located on State Route 9 (SR-9), the primary gateway to Zion National Park. The property features three residential rental units and offers immediate income potential. As an added benefit, the seller is willing to execute a one-year leaseback at $8,500 per month, providing the buyer with immediate, predictable cash flow from day one. Strategically positioned along one of Southern Utah's busiest travel corridors with approximately 18,800 vehicles per day (2023 UDOT AADT), the property enjoys outstanding visibility and exposure to both local traffic and the millions of visitors traveling to Zion each year. Commercial zoning offers outstanding flexibility for future use, with potential opportunities for a restaurant, café, retail storefront, professional office, auto sales, service business, boutique hospitality, or mixed-use redevelopment ... (Read more) Rare Income-Producing Commercial Opportunity on the Zion Gateway Corridor Rare opportunity to own an income-producing commercial property located on State Route 9 (SR-9), the primary gateway to Zion National Park. The property features three residential rental units and offers immediate income potential. As an added benefit, the seller is willing to execute a one-year leaseback at $8,500 per month, providing the buyer with immediate, predictable cash flow from day one. Strategically positioned along one of Southern Utah's busiest travel corridors with approximately 18,800 vehicles per day (2023 UDOT AADT), the property enjoys outstanding visibility and exposure to both local traffic and the millions of visitors traveling to Zion each year. Commercial zoning offers outstanding flexibility for future use, with potential opportunities for a restaurant, café, retail storefront, professional office, auto sales, service business, boutique hospitality, or mixed-use redevelopment (buyer to verify all permitted uses with the City of La Verkin). Whether you're looking for a stable investment, a highly visible business location, or a property with long-term redevelopment potential, this offering combines immediate cash flow, premier highway frontage, and exceptional future opportunity in one of Southern Utah's fastest-growing markets. The property features a comfortable residence, extensive off-street parking, detached garages, and an impressive oversized metal shop with large overhead door, providing abundant space for vehicles, equipment, inventory, storage, or workshop use. The mature trees and fenced backyard create a private setting with patio space, gardens, and room to relax while still enjoying the convenience of a prime commercial corridor. The mixed-use zoning opens the door to a variety of potential uses (buyer to verify permitted uses), making this property an excellent long-term investment with flexibility that is increasingly difficult to find. Whether you'

Listing Details MLS# 26-273695

Location, Tax & Legal

House Number: 385
Street Direction Pfx: N
Street Name: STATE
Street Suffix: ST
MLS Area: Hurricane Valley
State/Province: UT
Postal Code: 84745
County: Washington
Subdivision: ORAL D & MINNIE E STOWELL
Tax ID: LV-OMS-3-1-1

Contract Info

Original List Price: 1250000
Short Sale Status: No

General Prop Info

Realtor.com: Multi-Family
Lot Acres: 0.28
Hot Tub YN: No
Pool Private YN: No
Pool Community YN: No
Year Built: 1971
# of Buildings: 3
Number of Units: 5
Total SqFt: 5693
# Floors: 2
Elevators: Yes
HOA Transfer Fee: No

Annual Grs Rntl Inc

# Studio Units: Yes
# 2 Bedroom Units: Yes

More Information

Property Features

Construction: Wood Frame Roof: Asphalt Heating: Heat Pump Air Conditioning: Heat Pump Showing Instructions: Call Listing Agent Zoning: Business; Commercial; Mixed Zoning; Multi-Family Terms of Sale: 1031 Exchange; Cash; Conventional; Submit Any Offer Possession: Negotiable

Listing Office: THINK REALTY LLC

Last Updated: July - 02 - 2026

Information deemed reliable but not guaranteed.