311 MAIN, Vernal, UT 84078
—BD/—BA Commercial Sale in Vernal, UT 84078. Built 1982. Listed at $2,995,000. MLS #2159941.
—BD/—BA Commercial Sale in Vernal, UT 84078. Built 1982. Listed at $2,995,000. MLS #2159941.
$2,995,000
Position your portfolio for steady cash flow and long term growth with this renovated 50 room and manager apartment hospitality property located in the heart of Vernal. This turnkey investment opportunity sits on 1.06 acres with 64 parking spaces and continues to benefit from strong tourism, energy, outdoor recreation, and business travel traffic throughout the Uinta Basin. Originally built in 1982, the property underwent major upgrades and improvements following a 2024 rebrand, creating a modern and welcoming experience for guests while reducing future capital expense concerns for a new owner. This property presents an outstanding opportunity for investors seeking a hospitality asset with strong curb appeal, updated infrastructure, and immediate operational potential. Its location in one of eastern Utah's busiest tourism and recreation corridors places guests within reach of national parks, dinosaur attractions, oil and gas industries, hunting, fishing, and year round outdoor recreation. Property sold "As Is", with no seller warranties.
Property Type
Commercial Sale
Property Style
Hotel/Motel
County
Uintah
Zoning
Commercial
Lot Size
1.06 sq ft
Condition
Blt./Standing
MLS #
2159941
Property Type
Commercial Sale
Property Style
Hotel/Motel
County
Uintah
Zoning
Commercial
Lot Size
1.06 sq ft
Condition
Blt./Standing
MLS #
2159941
List Price
$2,995,000
Annual Taxes
$6,759
Home Warranty
No
List Price
$2,995,000
Annual Taxes
$6,759
Home Warranty
No
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Tile
Appliances
Furniture,Good Will,Real Estate,Supplies
Heating
Electric,Forced Air
Cooling
Central Air
Roof
Asphalt,Metal
Flooring
Carpet,Tile
Appliances
Furniture,Good Will,Real Estate,Supplies
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$370,000
+709% vs median
99 days
120
$182,500 – $1,400,550
$6,759
High Crime
17.4
per 1,000
51.6
per 1,000
24.4
per 1,000
93.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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