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26 E Main St - Accepting Offers Again Lot • Terrain commercial • 0,27 Acres • 1 320 756 $ 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
- Great starter project for breaking into hospitality
Résumé de l'annonce
Prior buyer's financing fell, through. Accepting offerings on this great fully permitted property again!
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.
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.
Faits sur la propriété
1 Lot disponible
Lot
| Prix | 1 320 756 $ CAD | Taille du lot | 0,27 AC |
| Prix par AC | 4 891 690,72 $ CAD |
| Prix | 1 320 756 $ CAD |
| Prix par AC | 4 891 690,72 $ CAD |
| Taille du lot | 0,27 AC |
Hotel Development Project in Downtown Lehi Price: $1.1 MM Property Size: 0.27 acres (Commercially Zoned) Development Plan: Fully approved 22-room boutique hotel ("Ember Hotel") with all city/county permits in place.
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun très limités
10/100
Relativement accessible en vélo
30/100
Impôts fonciers
| Numéro de lot | 01-026-0010 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 451 456 $ CAD | Évaluation totale | 451 456 $ CAD |
Impôts fonciers
Numéro de lot
01-026-0010
Évaluation du terrain
451 456 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
451 456 $ CAD
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26 E Main St - Accepting Offers Again
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