Commercial
For Sale
$450,000
50 N Main St, Payson, UT 84651
The Payson space has CC-1 zoning and a Main Street address.
Property Size1,566 SF
Price / SF$287.36
Days on Market20
Property Features for 50 N Main St
General Information
Standard status
Active
Size
1,566 SF
Property subtype
Commercial
Zoning
CC-1
Taxes and HOA fees
Annual Taxes
$1,900
Building Details
Building Size
1,566 SF
Year Built
1940
Listing Agency:
Etzel Realty, LLC
Listed By:
Frankie Sacco · License #5476963
(435) 637-6777
Source:
Etzelonline
Added: Oct 5
Changed: Oct 23
Last Checked: Oct 23 at 4:20PM
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 Etzel Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property at 50 N Main St in Payson contains approximately 1,566 square feet. The building dates to 1940, and its zoning designation is CC-1.
The space is described as potentially suitable for retail, office, salon, or boutique use. Verify zoning and permitted uses as part of property due diligence.
The space is described as potentially suitable for retail, office, salon, or boutique use. Verify zoning and permitted uses as part of property due diligence.
Key Highlights
- Approximately 1,566 square feet of commercial space
- CC‑1 zoning
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,212
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,240
$524.2K
Cap Rate 7%
$374,457
$374.5K
Cap Rate 9%
$291,244
$291.2K
Market Conditions
NOI Build-Up for 1,566 SF
Gross rent
$39.1K $24.96/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$37.4K $23.91/SF
− OpEx
−$11.2K −$7.17/SF
NOI
$26.2K $16.74/SF
Area
Utah County, UT
Vacancy
4.20%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,240
Cap Rate 7%
$374,457
Cap Rate 9%
$291,244
Alternative Uses
Best Use
Retail
$374.5K
$327.7K – $436.9K
NOI $26,212 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.7K
$377.7K – $503.6K
NOI $30,218 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84651, UT
28,416
Population
8,956
Households
3.2
Avg Household Size
29
Median Age
29%
College-Educated
94%
High-School Grad
126.7 sq mi
ZIP Area
224
Density / Sq Mi
$94,152
Median Household Income
$37,170
Median Earnings
$1,398
Median Rent
$423,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - The Payson space has CC-1 zoning and a Main Street address.
Where is this storefront property located?
The property is located at 50 N Main St Payson, UT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 1,566 square feet of commercial space; CC‑1 zoning; Built in 1940
