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    204 Main Parowan, UT 84761

    For Sale
    $749,000

    Historic Main Street Retail Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional turnkey business opportunity presents the chance to acquire the iconic Parowan Dairy Freeze, a beloved landmark situated on Main Street in Parowan, Utah. The property boasts a highly visible location directly across from the local high school, ensuring consistent foot traffic and strong brand recognition. This 0.23-acre lot offers a well-established retail space, complete with all necessary equipment and inventory included in the sale price of $749,000. The business is ready for immediate operation, allowing for a seamless transition for the new owner. The existing business model provides a proven track record and established customer base, minimizing initial startup costs and risks. This presents a unique opportunity for an investor seeking a profitable venture in a thriving community or an entrepreneur looking to establish themselves in a desirable location. The property's historical significance and prime location combine to create a rare and attractive investment prospect. The sale includes all existing equipment and inventory, allowing for immediate commencement of operations. This is an exceptional opportunity to own a piece of Parowan's history and a thriving business. Serious inquiries are encouraged.

    Property Features for 204 Main

    General Information

    Property type
    Retail properties
    Lot Size
    10,019 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Parowan
    County
    Iron
    State
    Utah
    Longitude
    -112.8276
    Latitude
    37.84597

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Historic Main Street Retail Opportunity
    Where is this retail property located?
    The property is located at 204 Main Parowan, UT.
    What is the asking price?
    The asking price for this property is $749,000.
    (435) 477-3200
    Request Owner's contact information
    204 Main Parowan, UT 84761
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    Parowan, UT 84761
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    204 Main Parowan, UT 84761
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