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21 N MAIN W ST, Junction, UT — photo 11 / 107

$980,000

21 N MAIN W ST, Junction, UT 84740

Subtype

Hotel/Motel

Building SF

$/SF

Lot

1.54 ac

Property Details

Property typeCommercial Sale
SubtypeHotel/Motel
Building SF
Year built1903
Lot size1.54 acres
ZoningSingle-Family, Commercial, Short Term Rental Allowed · CML
Current useCommercial
Taxes (annual)$4,076
Days on market184
Listed2026-03-02T00:00:00+00:00

Description

The Historic Junction Courthouse was built in 1903 as the Piute County Courthouse, and is now a wonderfully remodeled nightly rental, family gathering hub, or corporate retreat. It a holds a prominent corner in the center of Junction, and has been listed on the National Register of Historic Places. It was designed by architect Richard C. Watkins and is an excellent example of Edwardian architecture. The building's red bricks were formed on the building site. With eight tastefully remodeled bedrooms, Five bathrooms, and several large dining and entertaining areas, the courthouse has been the scene of many weddings, family reunions, business retreats and various recreational gatherings. Located on the Paiute Trail System, just 5 minutes from Piute Reservoir, 20 minutes from Otter Creek reservoir, less than an hour from Bryce Canyon or Panguitch Lake, and just a little further to Zion National Park. It is now your chance to operate this successful business, add a personal "getaway", or create an amazing corporate retreat. There is great opportunity to expand the winter month occupancy with snowmobiling, ice fishing, and National Parks nearby.

Listed by James H Marchant · RE/MAX Associates

Location

21 N MAIN W ST, Junction, UT 84740

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($27,697)
Effective gross income$79,135/yr
Operating expenses$27,697/yr
Derived NOI$51,438/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:02:00 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.