26 E Main, Lehi Ember Hotel

26 E Main St, Lehi, UT 84043

  • For Sale $1,400,000
  • Property Type Other
  • Lot Size 0.27 Acre
  • Date Updated Sep 10, 2025
Hotel Development Project in Downtown Lehi
Price: $1.4MM
Property Size: 0.27 acres (Commercially Zoned)
Development Plan: Fully approved 22-room boutique hotel ("Ember Hotel") with all city/county permits in place.
Key Highlights:
  • Turnkey Opportunity: All groundwork, permits, and approvals completed by experienced developer.
  • Strong Financials: Pro forma projections indicate an 8-10% cap rate (potentially higher with conservative room rate assumptions).
  • Cost-Efficient: $65k per key vs. $100k+ average for upper midscale boutique hotels in high-traffic Western U.S. markets.
  • Flexibility: Property can be repurposed for multi-family housing (buyer responsible for new permits/approvals).
  • Financing: Development/construction loan approvals secured from three lenders.
Seller’s Position:
Experienced developer seeks to reduce workload and is not under pressure to sell. Full property purchase scheduled for October 1, 2025.
Included Documentation:
  • Property architecture approvals
  • Listing agreement and additional materials available upon request
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Contacts

broker
Lance Allred

Location

Getting Around

  • Walk Score ®

    79/100 Very Walkable
  • Transit Score ®

    25/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Lehi, UT
  • Neighborhood Mill View - Vibbert Farms
  • Zip Code 84043
  • Market Salt Lake City

Points of Interest

  • Lehi

    3.64 miles

  • Olde Towne Train Station

    4.79 miles

  • Vineyard

    7.35 miles

  • Maverik

    0.47 miles

  • Hart's Gas and Food

    0.62 miles

  • Holiday Oil

    0.92 miles

  • Sinclair

    0.94 miles

  • Chevron

    1.00 miles

  • Harts Gas & Food

    1.42 miles

  • chevron

    1.45 miles

  • Tesla Supercharger

    9.79 miles

  • UVU parking W2

    9.79 miles

  • Downtown Parking

    0.17 miles

  • Lehi Outdoor Pool Parking

    0.40 miles

  • Lehi High School Parking

    0.53 miles

  • American Fork Park and Ride

    1.59 miles

  • North Lake Park

    1.77 miles

  • Trailhead

    5.54 miles

  • Angel's Gate Trailhead Parking

    5.77 miles

  • Eagle Crest Trailhead

    5.86 miles

  • Deer Ridge Trailhead Parking

    5.99 miles

  • Grovecrest Elementary Parking

    6.00 miles

  • Days Inn by Wyndham Lehi

    0.69 miles

  • Comfort Inn Lehi - Thanksgiving Point Area

    0.74 miles

  • Best Western

    0.76 miles

  • Motel 6

    0.92 miles

  • WoodSpring Suites Provo American Fork

    1.50 miles

  • Tru by Hilton Lehi

    2.64 miles

  • Hilton Garden Inn Lehi

    3.20 miles

  • Staybridge Suites Lehi -Traverse Ridge Center

    3.34 miles

  • SpringHill Suites Lehi at Thanksgiving Point

    3.42 miles

  • 5th East Hall - Bed & Breakfast

    3.43 miles

  • East Moon Sushi & Grill

    0.05 miles

  • Domino's

    0.12 miles

  • Tokyo Japanise Stake House and Sushi Bar

    0.14 miles

  • Thai House Cuisine

    0.26 miles

  • Arctic Circle

    0.44 miles

  • Papa Murphy's

    0.61 miles

  • McDonald's

    0.66 miles

  • Paco's Tacos

    0.67 miles

  • Subway

    0.70 miles

  • Moochies Meatballs

    0.71 miles

  • Meadow Elementary

    0.52 miles

  • Meadow Elementary School

    0.53 miles

  • Lehi High School

    0.55 miles

  • Lehi Elementary School

    0.63 miles

  • Sego Lily School

    0.80 miles

  • American Fork Junior High School

    1.24 miles

  • Lehi Junior High School

    1.25 miles

  • Snow Springs Elementary School

    1.67 miles

  • Willowcreek Middle School

    1.90 miles

  • Ascent Acadamy of Utah

    1.98 miles

  • Bright Beginnings Child Care Center

    0.51 miles

  • ABC Great Beginnings - Saratoga

    3.72 miles

  • Little Learners

    8.57 miles

  • A to Z Building Blocks

    9.23 miles

  • Canny Kids

    9.68 miles

  • Draper Kindercare

    9.79 miles

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Contact Listing Broker
broker
Lance Allred
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