Live-Work Townhome with Commercial
For Sale
$660,000
12241 S 900 E, Draper, UT 84020
A client-facing ground-floor suite is paired with a three-bedroom residence and attached two-car garage.
Property Size2,751 SF
Price / SF$239.91
Days on Market125
Property Features for 12241 S 900 E
General Information
Standard status
Active
Size
2,751 SF
Property subtype
Commercial
Zoning
1122
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Annual Taxes
$3,359
Amenities
ADA-compliant bathroom
glass store-front windows
customer parking
private lockout entry
high ceilings
premium finishes
custom built-ins
designer lighting
motorized window shades
covered patio
2-car attached garage
tankless water heater
Building Details
Building Size
2,751 SF
Year Built
2019
Listing Agency:
Etzel Realty, LLC
Listed By:
Frankie Sacco · License #5476963
(435) 637-6777
Source:
Etzelonline
Added: Jun 22
Changed: Oct 23
Last Checked: Oct 23 at 5:39PM
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 Etzel Realty, LLC
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Investment Insights
Based on property information with market context.
This 2,751-square-foot live-work townhome places a commercial suite on the ground level, with a residence above. The approximately 600-square-foot business area has a private lockout entrance, glass storefront windows, customer parking, and an ADA-compliant bathroom. The residence includes three bedrooms, high ceilings, custom built-ins, designer lighting, motorized window shades, and a kitchen that opens to a covered patio. An attached two-car garage and tankless water heater are also part of the property.
Built in 2019, the property is zoned 1122. Its separate commercial entrance and dedicated storefront area provide a distinct point of access for business visitors, while the upper level serves as the residential portion of the townhome.
Built in 2019, the property is zoned 1122. Its separate commercial entrance and dedicated storefront area provide a distinct point of access for business visitors, while the upper level serves as the residential portion of the townhome.
Key Highlights
- 2,751‑square‑foot live‑work townhome with approximately 600 square feet of commercial space
- Ground‑floor business suite has a private lockout entrance, storefront glazing, and an ADA‑compliant bathroom
- Three‑bedroom residence above the commercial suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,202
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,040
$824.0K
Cap Rate 7%
$588,600
$588.6K
Cap Rate 9%
$457,800
$457.8K
Market Conditions
NOI Build-Up for 2,751 SF
Gross rent
$60.4K $21.96/SF
− Vacancy
−$1.6K −$0.56/SF
EGI
$58.9K $21.40/SF
− OpEx
−$17.7K −$6.42/SF
NOI
$41.2K $14.98/SF
Area
Salt Lake County, UT
Vacancy
2.57%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$824,040
Cap Rate 7%
$588,600
Cap Rate 9%
$457,800
Alternative Uses
Best Use
Retail
$588.6K
$515.0K – $686.7K
NOI $41,202 @ 7.0% cap · market cap 6.24%
Second Best
Office B
$569.8K
$498.6K – $664.8K
NOI $39,887 @ 7.0% cap · market cap 6.04%
Theoretical Best
Multifamily LT 5
$36.63M
$32.05M – $42.74M
NOI $2,564,140 @ 7.0% cap · market cap 388.51%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
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Business Placement
Demographics for 84020, UT
51,017
Population
16,865
Households
3
Avg Household Size
34
Median Age
51%
College-Educated
97%
High-School Grad
27.2 sq mi
ZIP Area
1,876
Density / Sq Mi
$130,680
Median Household Income
$55,377
Median Earnings
$1,812
Median Rent
$726,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Live-work space - A client-facing ground-floor suite is paired with a three-bedroom residence and attached two-car garage.
Where is this live-work space located?
The property is located at 12241 S 900 E Draper, UT.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 2,751‑square‑foot live‑work townhome with approximately 600 square feet of commercial space; Ground‑floor business suite has a private lockout entrance, storefront glazing, and an ADA‑compliant bathroom; Three‑bedroom residence above the commercial suite
