162 100Logan, UT 84321

For Sale
$1,600,000

Downtown Logan, UT: Hotel or Short-Term Rentals

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 0.6-acre lot, located at 162 S 100 W in Logan, Utah's revitalized downtown area (zip code 84321), presents a unique investment opportunity. Currently zoned TC-1, the property boasts city approval for a 50-unit short-term rental development (ideal for Airbnb or VRBO) or a boutique hotel. With a total buildable area of 26,136 square feet, the site offers flexibility in unit design. The asking price is $1,600,000, translating to $61.22 per square foot of land. The property includes two existing parking spaces, but the development plan allows for ample guest parking, potentially two spaces per unit, accommodating a multi-level structure. The site's central location within Logan's ongoing urban renewal project ensures high visibility and strong potential for rental income. This fully approved project offers a rare chance to capitalize on the growing demand for short-term accommodations and the vibrant Logan, Utah market. The potential for 42 condos or apartments is also feasible, given the zoning and approved plans. This is a turnkey development opportunity with significant upside potential.

Highlights

  • $1,600,000 Sale Price
  • Excellent Development Opportunity
  • Approved for 50 Short-Term Rental Units (AirBnB/VRBO) or Extended Stay Hotel
  • 51 Main-Level Parking Spaces
  • 0.60-Acre Site, TC-1 Zoning
  • Flexible Unit Layout

Property Details for 162 100

Property type
Other land, Land
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Logan
County
Cache
State
Utah
Latitude
41.72812649
Longitude
-111.83763888
162 100, Logan, Utah

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162 100
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