‹ Back to results $2,995,000 311 E Main St, Vernal, UT · 1.06 ac See this home
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For sale MLS# 2159941 · 161 days on the market

$2,995,000

It starts with a call with an agent.

311 E Main St, Vernal, UT 84078

1.06acres
1982built

About this home

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.

Written by the listing agent.

Location

Living in Vernal

Vernal is the county seat and largest city in Uintah County, located approximately 175 miles east of Salt Lake City and 20 miles west of the Colorado border.

  • 10,079 residents (2020)
  • 5 named parks

Read the guide to Vernal ›

Monthly payment

$17,270per month, estimated
Principal & interest
$16,597
Property tax
$563
Home insurance
$110

10% down ($299,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot
1.06 acres
Heating
Electric, Forced Air
Cooling
Central Air
Flooring
Carpet, Tile
Roof
Asphalt, Metal
County
Uintah
See all 9 details
Faces
South
Zoning
Commercial
Terms
Cash, Conventional
  • Alarm: Fire
  • Kitchen
  • Laundry: Central
  • Mezzanine: Office
  • Range/Oven
  • Refrigerator
  • Restroom: Private
  • Video Camera(s)
  • Paved Parking
  • Playground

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