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2450 W Red Canyon Lodge

Dutch John, UT 84023
  • $2,950,000
  • STATUS: Active
  • ON SITE: 380 Days
  • MLS #: 1748618
UPDATED: 52 min ago
$2,950,000
  • 0
    BEDS
  • 72.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1991
County:

School Ratings & Info

Description

Don't miss this once in a lifetime opportunity to own the historic Red Canyon Lodge business in the Flaming Gorge National Recreation Area surrounded by the majestic Ashley National Forest. Red Canyon Lodge has been proudly serving forest visitors since 1930, offering public lodging, recreation, and dining. Located just minutes from the Green River, Flaming Gorge Reservoir, and the Red Canyon Overlook, it is a popular vacation spot for anglers, outdoor enthusiasts, hikers, bikers, hunters, and families. Flaming Gorge also lies in the direct travel path between Yellowstone National Park and Utah's Mighty 5 National Parks and it benefits from the global traffic of National Park visitors. Red Canyon Lodge has been meticulously cared for by the same owner for 30 years with great attention to detail and evident pride of ownership. It is situated on a 72.89 acre US Forest Service permit area that includes East Greens Lake, West Greens Lake and a kid's fishing pond. Lodge visitors can fish in the private stocked lakes and kid's pond without a Utah state fishing license since Red Canyon Lodge owns three priority water rights that allow for the operation of a private fee fishery. The main lodge building is home to the top-rated restaurant in the Flaming Gorge area making it a popular eatery for tourists and locals. The main lodge building also houses a grocery & gift store, a well-appointed kitchen, upstairs banquet room, and storage areas for housekeeping, restaurant and maintenance. Onsite employee housing is available year-round. Guest accommodations include 18 cabin units (6 Alpine Cabins and 6 Ponderosa duplex style cabins). The cabins are notable for their incredibly scenic setting. Guests can also visit the corral to enjoy horseback riding, take a paddle board or kayak out on one of the lakes or hit the trails for a hike or a mountain bike ride. A new owner can take advantage of immediate upside potential without adding cabins or amenities. Even with recent substantial cabin rate increases, demand for year-round occupancy continues to climb, suggesting there is upside potential for a new owner to continue increasing rates annually. Opportunities also exist for a new owner to increase revenue by adding more cabins while utilizing the existing utility infrastructure, increasing winter lodging availability, expanding restaurant hours and outdoor dining capacity, expanding outfitter guide operations and hosting more weddings or special events. Please contact us for the full Offering Memorandum and view the video attached to this listing. Any and all financial projections and information are provided for general reference purposes only and have been gathered from sources deemed reliable. Certain assumptions have been made related to the general economy, market conditions, competition and other factors beyond the control of the seller or Windermere Real Estate. Therefore, all projections and other information provided and made herein are provided as a courtesy.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-06-30T09:38:28.97. 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/118225196
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2450 W Red Canyon Lodge Dutch John, UT 84023

  • Price: $2,950,000
  • Status: Active
  • On Site: 380 Days
  • Updated: 52 min ago
  • MLS #: 1748618
0
Beds
0
Baths
0
½ Baths
72.78
Acres
1991
Built
Neighborhood:
Red Canyon Lodge
County:
Daggett
Area:
Dutch John; Greendale
Property Description
Don't miss this once in a lifetime opportunity to own the historic Red Canyon Lodge business in the Flaming Gorge National Recreation Area surrounded by the majestic Ashley National Forest. Red Canyon Lodge has been proudly serving forest visitors since 1930, offering public lodging, recreation, and dining. Located just minutes from the Green River, Flaming Gorge Reservoir, and the Red Canyon Overlook, it is a popular vacation spot for anglers, outdoor enthusiasts, hikers, bikers, hunters, and families. Flaming Gorge also lies in the direct travel path between Yellowstone National Park and Utah's Mighty 5 National Parks and it benefits from the global traffic of National Park visitors. Red Canyon Lodge has been meticulously cared for by the same owner for 30 years with great attention to detail and evident pride of ownership. It is situated on a 72.89 acre US Forest Service permit area that includes East Greens Lake, West Greens Lake and a kid's fishing pond. Lodge visitors can fish in the private stocked lakes and kid's pond without a Utah state fishing license since Red Canyon Lodge owns three priority water rights that allow for the operation of a private fee fishery. The main lodge building is home to the top-rated restaurant in the Flaming Gorge area making it a popular eatery for tourists and locals. The main lodge building also houses a grocery & gift store, a well-appointed kitchen, upstairs banquet room, and storage areas for housekeeping, restaurant and maintenance. Onsite employee housing is available year-round. Guest accommodations include 18 cabin units (6 Alpine Cabins and 6 Ponderosa duplex style cabins). The cabins are notable for their incredibly scenic setting. Guests can also visit the corral to enjoy horseback riding, take a paddle board or kayak out on one of the lakes or hit the trails for a hike or a mountain bike ride. A new owner can take advantage of immediate upside potential without adding cabins or amenities. Even with recent substantial cabin rate increases, demand for year-round occupancy continues to climb, suggesting there is upside potential for a new owner to continue increasing rates annually. Opportunities also exist for a new owner to increase revenue by adding more cabins while utilizing the existing utility infrastructure, increasing winter lodging availability, expanding restaurant hours and outdoor dining capacity, expanding outfitter guide operations and hosting more weddings or special events. Please contact us for the full Offering Memorandum and view the video attached to this listing. Any and all financial projections and information are provided for general reference purposes only and have been gathered from sources deemed reliable. Certain assumptions have been made related to the general economy, market conditions, competition and other factors beyond the control of the seller or Windermere Real Estate. Therefore, all projections and other information provided and made herein are provided as a courtesy.
Exterior Features

Attached Garage YN No Carport YN No Construction Status Blt./Standing Covered Spaces 0 Exterior Features BarnOut BuildingsCorral(S)Rec. FacilitiesRv ParkingSecurity LightingStorage Frontage Length 0.0 Garage YN No Horse Property YN Yes Lot Size Dimensions 0.0X0.0X0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No Roof See RemarksAsphaltWood Spa YN No View YN No Waterfront YN No

Interior Features

Accessibility Features See Remarks Appliances FurnitureSupplies Bathrooms Partial 0 Cooling See RemarksCentral AirWindow Unit(S) Cooling YN Yes Fireplace YN No Flooring CarpetLaminateLinoleumTile Heating See RemarksElectricPropaneSpace HeaterBaseboardWood Stove Heating YN True Interior Features Alarm: FireDishwasherFireplaceKitchenLaundry: CentralRange/OvenRefrigeratorRestroom: PrivateRestroom: Public Rooms Total 0 Window Features Blinds

Property Features

Association YN No Current Use Commercial Exclusions See RemarksInventory Inclusions See RemarksEquipment/MachineryFixturesFurnitureSuppliesTrade NameWater Shares Lease Considered YN No Listing Terms CashConventional New Construction YN No Ownership Property Owner Property Attached YN No Property Condition Blt./Standing Property Sub Type Hotel/Motel Senior Community YN No Tax Annual Amount 8847 Utilities 120/240 V 1 PhaseGas: Propane Zoning Commercial

Listing provided courtesy of Windermere Real Estate - Utah (Holladay): [IDXCONTACTINFORMATION]. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2022 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2022-06-30T09:38:28.97. 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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