Commercial Property with Residential
For Sale
$1,500,000
555 W 300 S, Salem, UT 84653
Commercial zoned property allowing residential use with shop and home.
Property SizeContact for details
Lot Size0.52 Acres
Days on Market602
Property Features for 555 W 300 S
General Information
Standard status
Active
Lot size
0.52 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$2,577
Building Details
Year Built
1930
Listing Agency:
Charles Wixom Realty
(801) 372-3481
Listed By:
Charles T Wixom · License #5468729
(801) 372-3481
Source:
Exitrealty
Added: Dec 17, 2024
Changed: Aug 8
Last Checked: Aug 11 at 8:06AM
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 Charles Wixom Realty
Investment Insights
Based on property information with market context.
This commercially zoned property allows for residential use, presenting a unique opportunity to operate a business and live on-site. The updated home features an open design with a large master suite and master bathroom. The remodeled home includes an open floor plan, updated kitchen, windows, paint, a new HVAC system for the main floor, and a mini-split in the master bedroom. Additional updates include a new roof, new plumbing to the city, new carpet, epoxy flooring, and refinished hardwood floors. The property is situated on a 0.52-acre lot and includes a 35 x 36 shop with 220V 3-phase power and natural gas heat, suitable for a home-operated business. The property also features a large master suite on the 2nd floor, 9-foot ceilings, vaulted ceilings, a deck, a patio, fruit trees, a greenhouse, animal rights, a garden area, a mini-moto track, a waterfall and pond with fish and turtles, covered storage, and an RV and equipment storage area. The location provides easy access to and visibility of Highway 198 through Salem and is near the road to the freeway, offering great visibility and access.
Key Highlights
- Commercial zoning allows for both business and residential use
- 35x36 shop with 220V 3‑phase power and natural gas heat
- Extensively remodeled with new HVAC, roof, plumbing, flooring, and kitchen
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
99
Businesses Nearby
Explore this area
Business Placement
Demographics for 84653, UT
11,103
Population
3,235
Households
3.4
Avg Household Size
30
Median Age
41%
College-Educated
98%
High-School Grad
16.1 sq mi
ZIP Area
690
Density / Sq Mi
$111,420
Median Household Income
$48,182
Median Earnings
$1,581
Median Rent
$569,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoned property allowing residential use with shop and home.
Where is this mixed-use property located?
The property is located at 555 W 300 S Salem, UT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial zoning allows for both business and residential use; 35x36 shop with **220V 3‑phase power and natural gas heat**; Extensively remodeled with **new HVAC, roof, plumbing, flooring, and kitchen**
