Multi-Level Office Building with
174 W 200 N Cedar City, UT 84721
For Sale
$3,600,000
COMMERCIAL - Cedar City, UT
Property Size24,000 SF
Lot Size1.24 Acres
Price / SF$150
Days on Market369
Property Features for 174 W 200 N
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- B-0864-0001-0000
- Size
- 24,000 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4695
Building Details
- Year built
- 1962
- Floors in Building
- 4
Listing Agency:
Coldwell Banker Comm Adv
(888) 586-8181
Listed By:
Daniel S Roberts · License #5480148
(435) 559-2221
Added: Jul 23, 2025
Changed: Jun 23
Last Checked: Jul 26 at 3:06AM
MLS# 25-263430
Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is a four-level commercial office building totaling approximately 24,000 square feet, plus extra land on a 1.24-acre lot. The asset is positioned for either an owner-user or a flexible investor strategy, with ample parking identified in the seller’s remarks and additional parking potential tied to the available land. The listing also notes that the building and land are included in the offering.
Located at 174 W 200 N in Cedar City, Utah, the property fronts a busy street and is described as high-visibility. The seller’s remarks further indicate convenient access and proximity to downtown, SUU, and major routes.
This configuration can support tenants seeking multiple floors of office space, while the extra land and parking potential may benefit users that need room for vehicle capacity. For qualified buyers, the seller indicates seller financing is available on approved credit, and showings require the seller’s agent to be present.
Located at 174 W 200 N in Cedar City, Utah, the property fronts a busy street and is described as high-visibility. The seller’s remarks further indicate convenient access and proximity to downtown, SUU, and major routes.
This configuration can support tenants seeking multiple floors of office space, while the extra land and parking potential may benefit users that need room for vehicle capacity. For qualified buyers, the seller indicates seller financing is available on approved credit, and showings require the seller’s agent to be present.
Key Highlights
- 4‑level commercial building at 174 W 200 North, Cedar City, built in 1962
- Price includes the building and land
- Ample parking plus parking potential, with access on a busy street
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.6k | $14.40 |
| − Vacancy | −$19.0k | −$0.79 |
| EGI | $326.6k | $13.61 |
| − OpEx | −$81.6k | −$3.40 |
| NOI | $244.9k | $10.21 |
24,000 SF · lease $14.40/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.50M
$3.06M – $4.08M
NOI $244,944 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.90M
$4.29M – $5.72M
NOI $343,107 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rocky Mountain Furniture
Furniture & Home Goods
FAQs
What type of property is this?
Office building - Four-level office building with additional land and parking potential, offered with seller financing for an approved buyer.
Where is this office building located?
The property is located at 174 W 200 N Cedar City, UT.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 4‑level commercial building at 174 W 200 North, Cedar City, built in 1962; Price includes the building and land; Ample parking plus parking potential, with access on a busy street