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197 W 200 S

Parowan, UT 84761
  • $649,900
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 1854573
UPDATED: 49 min ago
$649,900
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

Hamburger restaurant by day, Steakhouse by night. This fully operational restaurant with positive cash flow features live music and an incredible atmosphere with tons of history. The building is over 7000 ft., it was remodeled in 2012 and includes over $150k in restaurant equipment. It has two full kitchens and a nice sized apartment upstairs. The apartment could be rented out for between $500-$800 per month, plus there is lots of land not being used that if rezoned could possibly have apartments built on it etc., depending on what the city would allow. There is approximately 5500 sq. ft. in the back portion of the building that is being used as storage right now but could be so much more. You can offer private parties upstairs and there is an established catering business as well. Seller can provide 3 years of financials. The historic, quaint restaurant is conveniently located on 200 S. just before you take the exit for Brian Head (13 miles away) and Cedar Brakes (only 17 miles). Call today for more info and if you would like to see the property. Buyer to verify all information. Please do not approach employees.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-01-27T11:38:12.777. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is 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 accurate. Buyer to verify all information.
www.lookoutparkcity.com/homes/135381684
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197 W 200 S Parowan, UT 84761

  • Price: $649,900
  • Status: Active
  • On Site: 45 Days
  • Updated: 49 min ago
  • MLS #: 1854573
0
Beds
0
Baths
0
½ Baths
0.81
Acres
1955
Built
Neighborhood:
Paragonah; Parowan
County:
Iron
Area:
Paragonah; Parowan
Property Description
Hamburger restaurant by day, Steakhouse by night. This fully operational restaurant with positive cash flow features live music and an incredible atmosphere with tons of history. The building is over 7000 ft., it was remodeled in 2012 and includes over $150k in restaurant equipment. It has two full kitchens and a nice sized apartment upstairs. The apartment could be rented out for between $500-$800 per month, plus there is lots of land not being used that if rezoned could possibly have apartments built on it etc., depending on what the city would allow. There is approximately 5500 sq. ft. in the back portion of the building that is being used as storage right now but could be so much more. You can offer private parties upstairs and there is an established catering business as well. Seller can provide 3 years of financials. The historic, quaint restaurant is conveniently located on 200 S. just before you take the exit for Brian Head (13 miles away) and Cedar Brakes (only 17 miles). Call today for more info and if you would like to see the property. Buyer to verify all information. Please do not approach employees.
Exterior Features

Attached Garage YN No Carport YN No Construction Status Blt./Standing Covered Spaces 0 Frontage Length 0.0 Garage YN No Horse Property YN No Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No Spa YN No View YN No Waterfront YN No

Interior Features

Bathrooms Partial 0 Cooling YN No Fireplace YN No Heating YN False Rooms Total 0

Property Features

Association YN No Cross Street 200 Current Use Retail Lease Considered YN No New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type Retail Senior Community YN No Tax Annual Amount 2476

Listing provided courtesy of Real Broker, Llc (Red Rock): [IDXCONTACTINFORMATION]. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2023 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-01-27T11:38:12.777. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is 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 accurate. Buyer to verify all information.
 
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