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For sale
  • $1,250,000

    385 N State St, La Verkin, UT 84745

    --beds
    0baths
    5,693sqft
    : 
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    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
    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'
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    Zillow last checked:

    Listing updated:

    Listed by:

    LUKE E GODFREY 435-229-4126,

    THINK REALTY LLC

    Source: WCBR,MLS#: 26-273695

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      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: $361,900
      • Annual tax amount: $2,084
      • Date on market: 6/26/2026
      • Cumulative days on market: 28 days
      • Listing terms: Conventional,Cash,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,455/mo

        Price history

        DateEventPrice
        6/26/2026Listed for sale$1,250,000+150.5%$220/sqft
        Source: WCBR #26-273695 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        5/7/2019Listing removed$499,000$88/sqft
        Source: Owner Report a problem
        4/9/2019Price change$499,000-9.3%$88/sqft
        Source: Owner Report a problem
        12/4/2018Listed for sale$550,000$97/sqft
        Source: Owner Report a problem
        10/13/2018Listing removed$550,000$97/sqft
        Source: Owner Report a problem
        8/19/2018Price change$550,000+10.2%$97/sqft
        Source: Owner Report a problem
        4/18/2018Price change$499,000-9.3%$88/sqft
        Source: Owner Report a problem
        4/16/2018Listed for sale$550,000+19.8%$97/sqft
        Source: Owner Report a problem
        10/1/2016Listing removed$459,000$81/sqft
        Source: PK REAL ESTATE UTAH #16-176936 Report a problem
        6/24/2016Listed for sale$459,000$81/sqft
        Source: PK REAL ESTATE UTAH #16-176936 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 84745

        Getting around

        41 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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