Retail Restaurant with Built-In
For Sale
$775,000
1141 W State St, Hurricane, UT 84737
Retail/restaurant space offers built-in coolers on both floors and two bathrooms, with high visibility from SR9.
Property Size3,240 SF
Price / SF$239.20
Days on Market198
Property Features for 1141 W State St
General Information
Standard status
Active
Size
3,240 SF
Property subtype
Other
Amenities
2 Bathrooms
Building Details
Building Size
3,240 SF
Year Built
2000
Listing Agency:
Coldwell Banker Premier Realty
Listed By:
Jared Miller · License #10724213-SA00
(435) 628-6700
Source:
Commercialcafe
Added: Apr 11
Changed: Oct 16
Last Checked: Oct 24 at 1:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Premier Realty
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Investment Insights
Based on property information with market context.
This retail/restaurant property includes 1,620 square feet on the main floor featuring two separate built-in coolers totaling 190 square feet. The layout also provides two bathrooms, with one on the main floor.
The property further includes a 1,620 square foot basement with an office area and a built-in cooler box totaling 210 square feet, along with a second bathroom on the basement level. The site is positioned for strong visibility from SR9.
Overall, the improvements support foodservice operations, with dedicated built-in refrigeration both upstairs and in the basement plus an office area in the lower level.
The property further includes a 1,620 square foot basement with an office area and a built-in cooler box totaling 210 square feet, along with a second bathroom on the basement level. The site is positioned for strong visibility from SR9.
Overall, the improvements support foodservice operations, with dedicated built-in refrigeration both upstairs and in the basement plus an office area in the lower level.
Key Highlights
- Retail/restaurant space with exceptional visibility from SR9
- 1,620 SF main floor with built‑in coolers (190 SF) and 1 bathroom
- 1,620 SF basement with an office, built‑in cooler box (210 SF), and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,926
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,520
$798.5K
Cap Rate 7%
$570,371
$570.4K
Cap Rate 9%
$443,622
$443.6K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$58.3K $18.00/SF
− Vacancy
−$1.3K −$0.40/SF
EGI
$57.0K $17.60/SF
− OpEx
−$17.1K −$5.28/SF
NOI
$39.9K $12.32/SF
Area
Washington County, UT
Vacancy
2.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,520
Cap Rate 7%
$570,371
Cap Rate 9%
$443,622
Alternative Uses
Best Use
Retail
$570.4K
$499.1K – $665.4K
NOI $39,926 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$892.2K
$780.7K – $1.04M
NOI $62,455 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 41%
Beauty & Spa 4%
Wendy's
Dining
14,529 visits/mo
0.1 miles
McDonald's
Dining
11,065 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,020 visits/mo
0.1 miles
Mountain America Credit Union
Shops & Services
8,092 visits/mo
0.1 miles
Exxon
Shops & Services
8,059 visits/mo
0.1 miles
Demographics for 84737, UT
21,212
Population
9,320
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
250.1 sq mi
ZIP Area
85
Density / Sq Mi
$70,417
Median Household Income
$31,315
Median Earnings
$1,239
Median Rent
$420,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail/restaurant space offers built-in coolers on both floors and two bathrooms, with high visibility from SR9.
Where is this retail space located?
The property is located at 1141 W State St Hurricane, UT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Retail/restaurant space with exceptional visibility from SR9; 1,620 SF main floor with built‑in coolers (190 SF) and 1 bathroom; 1,620 SF basement with an office, built‑in cooler box (210 SF), and 1 bathroom
