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26 E Main St Lot • Terrain commercial • 0,27 Acres • 1 954 288 $ CAD • Lehi, UT 84043
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Full Permit Approved 22 Key Boutique Hotel Development on High Traffic Main Street Downtown Lehi
RÉSUMÉ DE L'ANNONCE
Key Highlights:
Turnkey Opportunity: All groundwork, permits, and approvals completed by experienced developer.
Strong Financials: Pro forma projections indicate an 8-10% cap rate (potentially higher with conservative room rate assumptions).
Cost-Efficient: $65k per key vs. $100k+ average for upper midscale boutique hotels in high-traffic Western U.S. markets.
Flexibility: Property can be repurposed for multi-family housing (buyer responsible for new permits/approvals).
Financing: Development/construction loan approvals secured from three lenders.
Seller’s Position:
Experienced developer seeks to reduce workload and is not under pressure to sell. Full property purchase scheduled for October 1, 2025.
Included Documentation:
Property architecture approvals
Listing agreement and additional materials available upon request.
This is a rare, shovel-ready opportunity in a prime downtown Lehi location.
Turnkey Opportunity: All groundwork, permits, and approvals completed by experienced developer.
Strong Financials: Pro forma projections indicate an 8-10% cap rate (potentially higher with conservative room rate assumptions).
Cost-Efficient: $65k per key vs. $100k+ average for upper midscale boutique hotels in high-traffic Western U.S. markets.
Flexibility: Property can be repurposed for multi-family housing (buyer responsible for new permits/approvals).
Financing: Development/construction loan approvals secured from three lenders.
Seller’s Position:
Experienced developer seeks to reduce workload and is not under pressure to sell. Full property purchase scheduled for October 1, 2025.
Included Documentation:
Property architecture approvals
Listing agreement and additional materials available upon request.
This is a rare, shovel-ready opportunity in a prime downtown Lehi location.
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 1 954 288 $ CAD | Taille du lot | 0,27 AC |
| Prix par AC | 7 238 103,90 $ CAD |
| Prix | 1 954 288 $ CAD |
| Prix par AC | 7 238 103,90 $ CAD |
| Taille du lot | 0,27 AC |
Hotel Development Project in Downtown Lehi Price: $1.4MM Property Size: 0.27 acres (Commercially Zoned) Development Plan: Fully approved 22-room boutique hotel ("Ember Hotel") with all city/county permits in place.
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Très pratique à pied (79)
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26 E Main St
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