Listing Summary
This prime commercial real estate offering features a freestanding, 2,702+ square foot restaurant building strategically situated on an expansive 1.14-acre lot in Vernal, Utah.
Full Description
Commercial Real Estate Investment Offering: Country Grub Restaurant
Turnkey Freestanding Restaurant Building with US Highway 40 Visibility – Versatile Owner-User or Sale-Leaseback Opportunity
Property Overview
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Address: 2419 S. 1500 E., Vernal, UT 84078
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Offering Price: $750,000
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Property Type: Retail / Freestanding Restaurant
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Gross Leasable Area (GLA): ± 2,702 SF
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Land Area: ± 1.14 Acres (49,658 SF)
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Year Built: 2007 (Excellently Maintained Construction)
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Occupancy / Status: Turnkey Commercial Kitchen Infrastructure Delivery
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Parking Assets: Ample Dedicated On-Site Parking Lot
Executive Summary: Turnkey Vernal Restaurant Asset For Sale
This prime commercial real estate offering features a freestanding, 2,702+ square foot restaurant building strategically situated on an expansive 1.14-acre lot in Vernal, Utah. Built in 2007, this highly functional retail asset has been meticulously maintained and features a classic, proven restaurant/diner layout. It comes fully equipped with existing commercial kitchen infrastructure, high-value equipment, functional fixtures, and an in-place commercial ice cream machine included in the purchase price, drastically minimizing upfront capital expenditures and shortening the runway to opening day.
This property offers immense flexibility to align with various investment strategies:
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Owner-Operator Advantage: It presents a frictionless, immediate move-in opportunity for an independent restauranteur or a regional brand looking to establish a dominant physical footprint in the Uintah Basin.
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Flexible Redevelopment Potential: The low building-to-land ratio across 1.14 acres provides a highly adaptable footprint for commercial redevelopment users seeking a premium, high-traffic parcel.
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Passive Income Potential: For passive capital investors, the seller will consider a corporate sale-leaseback structure, offering a unique path to secure a stable, predictable, in-place income stream at closing, making it a viable option for a 1031 exchange.
High-Traffic Highway Infrastructure & Strategic Positioning
The property enjoys an irreplaceable logistical position along US Highway 40, capturing heavy regional and cross-country traffic. The site is optimized with exceptional street frontage, maximum brand exposure, and clean ingress/egress points that make navigating the property effortless for local diners and travelers alike.
Key Regional Drivers & Asset Synergy:
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High-Exposure Traffic Counts: Strategically placed directly within the path of travel along US Highway 40, benefiting from an average traffic volume of over 18,200 vehicles passing by daily (VPD).
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Primary Commercial Trade Corridor: Positioned dead-center within Vernal's primary retail district. It is surrounded by established national and regional corporate brands, including a high-volume Maverik Convenience Store, Subway, and NAPA Auto Parts, ensuring consistent, recurring cross-traffic.
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Proximity to Transit Hubs: Located in close proximity to the Vernal Regional Airport, tapping into transient consumer markets, commercial logistics crews, and industrial oil/gas daytime employees operating within the trade area.
Demographics & Intrinsic Real Estate Value
This property represents an ideal entry point into the resilient Vernal market, where retail and dining spaces thrive on a unique mix of stable residential demographics, industrial daytime employment centers, and robust highway tourism.
| Property Feature |
Investor & Operator Strategic Benefits |
| Turnkey Assets |
The inclusion of kitchen infrastructure, fixtures, and an ice cream machine reduces initial startup costs by tens of thousands of dollars. |
| Land Intrinsic Value |
A 1.14-acre hard-corner-adjacent footprint offers significant underlying land value and long-term redevelopment flexibility. |
| Defensive Pricing |
Offered at an accessible $750,000 price point, this asset provides an excellent barrier-free entry into a high-visibility, highway-frontage commercial parcel. |
Whether you are looking to deploy capital into an active sale-leaseback investment or establish a brand-new regional culinary concept, this freestanding asset pairs immediate operational utility with a highly competitive market price.
Quick Glance
- Listing ID:
CL-Utah-27765
- Status:
Active
- Year Build:
2007
- Building Size:
2,702 SqFt
- Lot Size:
1 Acr