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'
For sale
$1,250,000
385 N State St, La Verkin, UT 84745
--beds
0baths
5,693sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$220/sqft
$-- HOA
What's special
Fenced backyardExtensive off-street parkingDetached garagesComfortable residencePatio spacePrime commercial corridorMature trees
- 109 days
- 76
- 0
Zillow last checked:
Listing updated:
Listed by:
LUKE E GODFREY 435-229-4126,
THINK REALTY LLC
Source: WCBR,MLS#: 26-273695
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat Pump
Cooling
- Heat Pump
Interior area
- Total structure area: 5,693
- Total interior livable area: 5,693 sqft
- Finished area above ground: 0
Property
Features
- Stories: 2
Lot
- Size: 0.28 Acres
Details
- Parcel number: LVOMS311
- Zoning description: Multi-Family, Mixed Zoning, Commercial, Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Roof: Asphalt
Condition
- Year built: 1971
Community & HOA
Community
- Subdivision: ORAL D & MINNIE E STOWELL
Location
- Region: La Verkin
Financial & listing details
- Price per square foot: $220/sqft
- Tax assessed value: $386,200
- Annual tax amount: $2,084
- Date on market: 6/26/2026
- Cumulative days on market: 121 days
- Listing terms: Conventional,Cash,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$1,511/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $1,250,000+150.5%$220/sqft |
Source: WCBR #26-273695 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/7/2019 | Listing removed | $499,000$88/sqft |
Source: Owner Report a problem | ||
| 4/9/2019 | Price change | $499,000-9.3%$88/sqft |
Source: Owner Report a problem | ||
| 12/4/2018 | Listed for sale | $550,000$97/sqft |
Source: Owner Report a problem | ||
| 10/13/2018 | Listing removed | $550,000$97/sqft |
Source: Owner Report a problem | ||
| 8/19/2018 | Price change | $550,000+10.2%$97/sqft |
Source: Owner Report a problem | ||
| 4/18/2018 | Price change | $499,000-9.3%$88/sqft |
Source: Owner Report a problem | ||
| 4/16/2018 | Listed for sale | $550,000+19.8%$97/sqft |
Source: Owner Report a problem | ||
| 10/1/2016 | Listing removed | $459,000$81/sqft |
Source: PK REAL ESTATE UTAH #16-176936 Report a problem | ||
| 6/24/2016 | Listed for sale | $459,000$81/sqft |
Source: PK REAL ESTATE UTAH #16-176936 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,085 +9% | $270,640 +8% |
| 2024 | $1,913 +1.4% | $250,660 +0.2% |
| 2023 | $1,886 +8.7% | $250,070 +15.4% |
| 2022 | $1,736 +3.2% | $216,675 +27.5% |
| 2021 | $1,682 +7.6% | $169,900 +15.1% |
| 2020 | $1,562 +10% | $147,595 +14.8% |
| 2019 | $1,420 +2.3% | $128,595 +14.3% |
| 2018 | $1,388 +18.8% | $112,550 +18.8% |
| 2017 | $1,168 | $94,750 +7.4% |
| 2016 | $1,168 +0.1% | $88,195 +1% |
| 2015 | $1,168 | $87,355 -19.6% |
| 2014 | $1,168 -17.2% | $108,680 +17.1% |
| 2012 | $1,409 +10.6% | $92,825 +5.5% |
| 2010 | $1,274 | $87,965 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 84745
Nearby schools
Schools provided by the listing agent
- Elementary: LaVerkin Elementary
- Middle: Hurricane Middle
- High: Hurricane High
Source: WCBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





