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$1,250,000
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Property Description
Rare Income-Producing Commercial Opportunity on the Zion Gateway Corridor Rare opportunity to own an income-producing commercial property located on State Route 9 (SR-9), the primary gateway to Zion National Park. The property features three residential rental units and offers immediate income potential. As an added benefit, the seller is willing to execute a one-year leaseback at $8,500 per month, providing the buyer with immediate, predictable cash flow from day one. Strategically positioned along one of Southern Utah's busiest travel corridors with approximately 18,800 vehicles per day (2023 UDOT AADT), the property enjoys outstanding visibility and exposure to both local traffic and the millions of visitors traveling to Zion each year. Commercial zoning offers outstanding flexibility for future use, with potential opportunities for a restaurant, café, retail storefront, professional office, auto sales, service business, boutique hospitality, or mixed-use redevelopment (buyer to verify all permitted uses with the City of La Verkin). Whether you're looking for a stable investment, a highly visible business location, or a property with long-term redevelopment potential, this offering combines immediate cash flow, premier highway frontage, and exceptional future opportunity in one of Southern Utah's fastest-growing markets. The property features a comfortable residence, extensive off-street parking, detached garages, and an impressive oversized metal shop with large overhead door, providing abundant space for vehicles, equipment, inventory, storage, or workshop use. The mature trees and fenced backyard create a private setting with patio space, gardens, and room to relax while still enjoying the convenience of a prime commercial corridor. The mixed-use zoning opens the door to a variety of potential uses (buyer to verify permitted uses), making this property an excellent long-term investment with flexibility that is increasingly difficult to find. Whether you'
Full Property Details
Full Property Details for 385 N State St
General
- Price: $1,250,000
- Taxes: $2,084
- Status: Active
- Type: Multi-Family
- Source: 203
- MLS ID: 26-273695
- Updated: 7/6/2026
- Added to Site: 66 day(s) ago
Parking
- Garage: Yes
Location
- Area: Hurricane Valley
- County: Washington
- Subdivision: ORAL D & MINNIE E STOWELL
School Information
- Elementary School: LaVerkin Elementary
- Middle School: Hurricane Middle
- High School: Hurricane High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Structural Information
- # Buildings: 3
- Roof: Asphalt
- Elevator: Yes
- Stories/Levels: 2
- Square Feet: 5,693
- Year Built: 1971
- Property Condition: Wood Frame
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,196.8
- Zoning: Multi-Family, Mixed Zoning, Commercial, Business
Financial Considerations
- Price Per Sq. Ft.: $219.57
- Tax Amount: $2,084.74
- Terms: Submit, Conventional, Cash, 1031 Exchange
Disclosures and Reports
- Property ID: LV-OMS-3-1-1
Listed by Think Realty Llc
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Schools
Schools serving 385 N State St
School District:Washington School District
| Name | Grades | Distance |
|---|---|---|
La Verkin School 51 West Center Street, La Verkin, UT 84745 | K-5 | 0.6 mi |
Hurricane Middle School 395 North 200 West, Hurricane, UT 84737 | 8-9 | 2.1 mi |
Hurricane High School 345 Tiger Boulevard, Hurricane, UT 84737 | 10-12 | 2.7 mi |
Hurricane Intermediate School 1325 South 700 West, Hurricane, UT 84737 | 6-7 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 385 N State St
Date
Details
Price
Change
Source
6/26/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 385 N State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,085
9%
-100%
2024
$1,913
1%
$250,660
—
2023
$1,886
9%
$250,070
44%
2022
$1,736
3%
$174,240
-32%
2021
$1,682
8%
$255,400
17%
2020
$1,562
17%
$219,100
95%
2018
$1,335
14%
$112,550
19%
2017
$1,168
3%
$94,750
7%
2016
$1,133
-3%
$88,195
1%
2015
$1,168
-18%
$87,355
-32%
2019
$1,420
7%
$128,595
18%
2013
$1,330
—
$108,680
17%
2013
$1,330
—
$92,825
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 385 N State St
385 N State St, La Verkin, UT 84745 (MLS# 26-273695) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 385 N State St is currently listed for $1,250,000 and was received on June 26, 2026. Want to learn more about 385 N State St? Do you have questions about finding other Multi-Family real estate for sale in La Verkin? You can browse all La Verkin real estate or contact a Coldwell Banker agent to request more information.

