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174 W 200 N, Cedar City, UT, 84721
Multi-Level Office Building with Land

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
Listed By: Daniel S Roberts · License #5480148
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.

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 (±1% cap)
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 (±1% cap)
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

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Furniture & Home Goods Wine and Liquor Store Tanning Salon Catering Service Acupuncture Pet Grooming Service Florist

Zoning and permitted uses should be independently verified with local authorities.

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
More about this property
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