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$2,995,000 Just Listed
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Property Description
Position your portfolio for steady cash flow and long term growth with this renovated 50 room and manager apartment hospitality property located in the heart of Vernal. This turnkey investment opportunity sits on 1.06 acres with 64 parking spaces and continues to benefit from strong tourism, energy, outdoor recreation, and business travel traffic throughout the Uinta Basin. Originally built in 1982, the property underwent major upgrades and improvements following a 2024 rebrand, creating a modern and welcoming experience for guests while reducing future capital expense concerns for a new owner. This property presents an outstanding opportunity for investors seeking a hospitality asset with strong curb appeal, updated infrastructure, and immediate operational potential. Its location in one of eastern Utah's busiest tourism and recreation corridors places guests within reach of national parks, dinosaur attractions, oil and gas industries, hunting, fishing, and year round outdoor recreation. Property sold "As Is", with no seller warranties.
Full Property Details
Full Property Details for 311 E Main St
General
- Price: $2,995,000
- Taxes: $6,759
- Status: Active
- Type: Commercial Residential Facility
- Source: WFR
- MLS ID: 2159941
- Updated: 5/22/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Alarm: Fire, Kitchen, Laundry: Central, Mezzanine: Office, Range/Oven, Refrigerator, Restroom: Private, Video Camera(s)
- Appliances: Furniture, Good Will, Real Estate, Supplies
- Flooring: Carpet, Tile
Exterior
- Exterior Features: Paved Parking, Playground
Location
- Area: Vernal; Naples; Jensen
- County: Uintah
- Direction Faces: South
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric, Forced Air
Structural Information
- Roof: Asphalt, Metal
- Windows: Drapes
- Disability Access: Ground Level, Accessible Kitchen, Customized Wheelchair Accessible, Accessible Full Bath
- Current Bldg. Use: Commercial
- Year Built: 1982
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 1.06
- Lot Size (Sq. Ft.): 46,173.6
- Lot Size: 1.06
- Lot Dimensions: 145.0 x 320.0 x 145.0
- Frontage Feet: 145
- Zoning: CC1
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $6,759
- Terms: Cash, Conventional
Disclosures and Reports
- Inclusions: Fixtures, Furniture, Good Will, Inventory, Real Estate, Supplies, Trade Name
- Property ID: 05:020:0091
Listed by Ashley Valley Realty, Inc.
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Price & Sales History for 311 E Main St
Date
Details
Price
Change
Source
5/22/2026
Listed
$2,995,000
—
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 311 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,759
—
$781,923
—
2024
$6,759
18%
$780,551
28%
2023
$5,708
-12%
$611,026
2%
2022
$6,482
-17%
$600,000
—
2021
$7,851
3%
$600,000
—
2020
$7,633
-1%
$600,000
-36%
2019
$7,733
—
$944,092
-7%
2018
$7,744
-35%
$1,020,469
-32%
2017
$11,889
-36%
$1,511,273
-12%
2015
$18,609
—
$1,720,000
—
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 311 E Main St
311 E Main St, Vernal, UT 84078 (MLS# 2159941) is a Commercial Residential Facility property. 311 E Main St is currently listed for $2,995,000 and was received on May 22, 2026. Want to learn more about 311 E Main St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Vernal? You can browse all Vernal real estate or contact a Coldwell Banker agent to request more information.
