This property features six one-bedroom units, each with its own kitchen and living area--perfect for rentals. Located right on Main Street, it offers prime visibility and accessibility.In addition to the rental units, a home is also available on the property, making this a fantastic opportunity for an investor. You could live in the home while renting out the units or use the entire property as a rental income source.Even better, this property is located next door to a 20-room motel that is also for sale, providing an incredible business expansion opportunity. Whether you're looking to invest or start a business, the possibilities here are endless!Call today to explore this unique opportunity.
The median home value in Panguitch, UT is $202,800. This is lower than the county median home value of $334,730. The national median home value is $338,100. The average price of homes sold in Panguitch, UT is $202,800. Approximately 62.65% of Panguitch homes are owned, compared to 12.5% rented, while 24.85% are vacant. Panguitch real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Panguitch real estate agent to arrange a tour today!
Panguitch, Utah has a population of 1,662. Panguitch is more family-centric than the surrounding county with 42.82% of the households containing married families with children. The county average for households married with children is 26.68%.
The median household income for the surrounding county is $45,724 compared to the national median of $69,021. The median age of people living in Panguitch is 33.5 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 11.5 degrees. The average rainfall is approximately 12.3 inches per year, with 45.4 inches of snow per year.