Retail Space with
For Sale
$1,000,000
198 E STATE St, Lehi, UT 84043
Commercial Sale, Lehi, UT
Property SizeContact for details
Lot Size0.21 Acres
Days on Market357
Property Features for 198 E STATE St
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
Am Fork; Hlnd; Lehi; Saratog.
Standard status
Active
APN
01-085-0003
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
3696
Building Details
Year built
1998
Listing Agency:
Real Estate Essentials
(801) 610-9563
Listed By:
Denise Mendenhall
(801) 259-5565
Added: Sep 15, 2025
Changed: Aug 27
Last Checked: Sep 6 at 8:06AM
MLS# 2116055
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Investment Insights
Based on property information with market context.
This retail property in Lehi was constructed in 1998 and includes drive-through access. The site occupies 0.21 acres and is positioned off State Street, providing a roadside commercial setting for customer-facing operations.
City approval supports a range of light commercial uses, with examples including medical services, a soda shop, fast food, and daycare. The seller is also open to considering a lease option, offering an additional transaction structure for qualified parties.
City approval supports a range of light commercial uses, with examples including medical services, a soda shop, fast food, and daycare. The seller is also open to considering a lease option, offering an additional transaction structure for qualified parties.
Key Highlights
- 0.21‑acre retail site off State Street in Lehi
- Drive‑through access supports customer‑facing retail or food‑service operations
- City‑approved for light commercial uses, including medical, soda shop, fast food, and daycare
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar Tree
Shops & Services
16,325 visits/mo
0.4 miles
Phillips 66
Shops & Services
3,718 visits/mo
0.1 miles
Demographics for 84043, UT
76,954
Population
23,408
Households
3.3
Avg Household Size
26
Median Age
50%
College-Educated
97%
High-School Grad
31.1 sq mi
ZIP Area
2,474
Density / Sq Mi
$125,598
Median Household Income
$49,643
Median Earnings
$1,802
Median Rent
$567,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Lehi commercial property with access for drive-through operations and approval for several light commercial uses.
Where is this retail space located?
The property is located at 198 E STATE St Lehi, UT.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 0.21‑acre retail site off State Street in Lehi; Drive‑through access supports customer‑facing retail or food‑service operations; City‑approved for light commercial uses, including medical, soda shop, fast food, and daycare
