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Key Details
Sold Price $9,000,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Subdivision Snyders Addition
MLS Listing ID 1774520
Sold Date 07/20/22
Construction Status Blt./Standing
HOA Y/N No
Year Built 1978
Annual Tax Amount $4,441
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 0.0x0.0x0.0
Property Description
You can own an entire building on Park Ave, with 10-condos, a total of 18 bedrooms. This building is an easy walk to Park City Ski Mountain and Main Street. The location is amazing, the best you'll find. One of the most driven past locations in Park City, this is a location that is second to none for an investor who wants to own a piece of Park City. There's many things you can do with this property, from air bnb with short term rentals to turning it into a remote working paradise for employees. Fully furnished, just tell your guest to bring their toothbrush. Mountain bike before work, in ski season take a few runs in the day, plus walk to restaurants & coffee stores. The property includes 10 condos for a total of 18 bedrooms laid out as 6 x 2 bedroom units, 3 x 1 bedroom unit and 1 x 3 bedroom unit. There's a storage locker for every condo along with a laundry facility and a spa / hot tub area for all residents. It's on the free bus route and within walking distance to the City Park.
Location
State UT
County Summit
Area Park City; Deer Valley
Interior
Fireplace false
Exterior
Waterfront No
View Y/N No
Present Use Commercial
Private Pool false
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID ALP-1
Horse Property No
Financing Conventional
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Bought with RedHawk, LLC
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