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197 W 200 S

Parowan, UT 84761
  • $649,900
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 22-236288
$649,900
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,595
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1955
County:
Area:

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 has 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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© 2022 Washington County Board of Realtors MLS. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Diamond Group at ReMax Associates. Data last updated: 2022-11-28T23:58:16.723.
www.stgeorgeishome.com/homes/133969027
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197 W 200 S Parowan, UT 84761

  • Price: $649,900
  • Status: Active
  • On Site: 45 Days
  • MLS #: 22-236288
0
Beds
0
Baths
0
½ Baths
0.81
Acres
7,595
SQFT
$86
$/SQFT
1955
Built
Neighborhood:
Outside Area
County:
Iron
Area:
Outside Area
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 has 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

Construction Wood Frame Lot Width 85.57

Property Features

Available Sq Ft 7595.00 Lease Price 0.00 LIST_87 2022-10-18T18:12:37 Offering Sale Short Sale Status No Site Description Owner Occupied Tax Year 2021 Terms Of Sale Seller FinancingSubmit Any Offer Total Taxes 1559.24 Type Of Property CommercialOther - See RemarksRetail Restaurant Zoning Commercial

Listing provided courtesy of Real Broker Red Rock: .


© 2022 Washington County Board of Realtors MLS. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Diamond Group at ReMax Associates. Data last updated: 2022-11-28T23:58:16.723.
 
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Diamond Group at ReMax Associates
20 N. Main Street, Suite 100
St George UT, 84790