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Historic District Commercial Land
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123 N Commercial Street, Morgan, UT 84050

Corner parcel with commercial zoning and a historic overlay supporting vertically integrated mixed-use development.

Property SizeContact for details
Days on Market143

Property Features for 123 N Commercial Street

General Information

Standard status Active
Property subtype Land
Listing Agency: Engel & Völkers Park City
Listed By: Jeff Mathews · License #Utah 12113542-SA00
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 8:34PM

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 Engel & Völkers Park City

Investment Insights

Based on property information with market context.

This 0.21-acre corner parcel at 123 N Commercial Street was previously developed, with the former structure removed in the 1980s. It is located in a state-designated historic district and carries commercial zoning with an overlay that supports mixed commercial and residential development. Residential units must be positioned behind the ground-floor commercial area or on upper levels, and an apartment-only project is not permitted.

The site allows a maximum building height of 35 feet, accommodating up to three stories. A completed site plan contemplates a two-story, 10,000-square-foot mixed-use building, and architectural concepts have also been prepared for one-, two-, and three-story configurations. The property is not fully entitled; approvals would be pursued during development. Exterior design must comply with historic-district standards, while new construction materials and technologies are permitted.

Key Highlights

  • 0.21‑acre corner parcel at 123 N Commercial Street
  • Located in a state‑designated historic district with commercial zoning and a historic overlay
  • 35‑foot maximum building height allows up to three stories

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Plumbing Service Pharmacy Bakery Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

280
Businesses Nearby

Demographics for 84050, UT

12,059
Population
3,754
Households
3.2
Avg Household Size
33
Median Age
39%
College-Educated
98%
High-School Grad
387.6 sq mi
ZIP Area
31
Density / Sq Mi
$125,949
Median Household Income
$50,538
Median Earnings
$1,493
Median Rent
$609,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner parcel with commercial zoning and a historic overlay supporting vertically integrated mixed-use development.
Where is this commercial land located?
The property is located at 123 N Commercial Street Morgan, UT.
What are key features of this property?
This property features: 0.21‑acre corner parcel at 123 N Commercial Street; Located in a state‑designated historic district with commercial zoning and a historic overlay; 35‑foot maximum building height allows up to three stories
More about this property
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