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Property profile & analytics
OFF-MARKET
Retail space

203 Main St Richfield, UT 84701-2560

0.13 ac lot
Individually Owned Absentee Owner Free & Clear
Property ID
US86-0949283
Property summary
AI-generated overview

This exceptional commercial property in Richfield, Utah presents a rare investment opportunity. Located on Main Street, the 0.37-acre lot features two separate buildings, each with its own address, offering immense potential for dual businesses or expansion. The main building boasts prominent Main Street frontage, ideal for a variety of commercial uses. A second building, situated on 200 South, provides additional space and flexibility. Constructed in 1977, the buildings offer a solid foundation but may require some modernization to suit a buyer's specific needs. Currently leased to a car dealership, this property offers immediate income potential or the chance to develop a unique business strategy. The location on Main Street ensures high visibility and accessibility, making it an attractive proposition for entrepreneurs seeking a well-positioned commercial space in a thriving community. The dual-building configuration allows for diverse business ventures, from retail to service-based operations. This is a chance to acquire a substantial commercial property in a desirable location with significant upside potential. The property's size and configuration provide ample room for growth and adaptation to various business models. The existing lease provides a stable income stream while offering the flexibility to reposition the property for future growth. This is a truly unique opportunity not to be missed.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.13 ac (5,663 SF)
APN 1-18-26
UPID US86-0949283
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Tiffany Joann Smith
Tiffany Joann Smith
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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