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    Cedar City Commercial Opportunity Title is generated by Realmo AI

    438 S Main St, Cedar City, UT 84720

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    Claim this Listing
    Pending
    $889,000

    COMMERCIAL - Cedar City, UT

    Property size:
    6,359 SF
    Lot size:
    0.25 Acres
    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

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    Listing Contact
    RANITA Marie PARRISH

    Listing agent RANITA Marie PARRISH

    Listing office THE AGENCY ST GEORGE 148 E Tabernacle Street, St George, UT

    Listing date Oct 30, 2025

    MLS# 25-266387

    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

    This commercial property, located in downtown Cedar City, Utah, presents an opportunity to own a laundromat and dry cleaning business. The property features over 6,300 square feet of space and includes equipment. It benefits from easy access and ample parking. Situated on Main Street, the property is conveniently located in the heart of a growing Southern Utah community and is just blocks away from the Southern Utah University campus. The property has 3 phase power and a new roof installed in December 2025. The lot size is 0.25 acres.

    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
    6,359 SF · lease $13.20/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $820.9K
    $718.3K – $957.8K (±1% cap)
    NOI $57,465 @ 7.0% cap · market cap 6.46%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.30M
    $1.14M – $1.52M (±1% cap)
    NOI $90,909 @ 7.0% cap · market cap 10.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.062053
    Latitude
    37.669441

    FAQs

    What type of property is this?
    Retail space - Laundromat and Dry Cleaning Business + Commercial Property for sale.
    Where is this retail space located?
    The property is located at 438 S Main St Cedar City, UT.
    What is the asking price?
    The asking price for this property is $889,000.
    What are key features of this property?
    This property features: 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.
    More about this property
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