438 S Main St, Cedar City, UT 84720
COMMERCIAL - Cedar City, UT
- Added:
- Oct 30, 2025
- Days on Market:
- 224
- Last Refresh:
- Jun 10 at 6:06 pm
Property Features for 438 S Main St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- B-1008-0002-0000
- Size
- 6,359 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5306
Building Details
- Year built
- 1999
- Floors in Building
- 1
Listing agent RANITA Marie PARRISH (435) 668-6924
Listing office THE AGENCY ST GEORGE 148 E Tabernacle Street, St George, UT (435) 200-8455
Listing date Oct 30, 2025
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.
HighLights
- Established laundromat and dry cleaning business in a prime downtown location.
- Substantial 6,300 sq ft commercial property included.
- New roof installed in Dec 2025.
- Equipped and ready to operate with 3‑phase power.
- Convenient access and ample parking.
- Located blocks from Southern Utah University.
Overview
Local Financial Insights For Retail
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 | $83.9k | $13.20 |
| − Vacancy | −$1.8k | −$0.29 |
| EGI | $82.1k | $12.91 |
| − OpEx | −$24.6k | −$3.87 |
| NOI | $57.5k | $9.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cedar City
- County
- Iron
- State
- Utah
- Longitude
- -113.062053
- Latitude
- 37.669441