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Downtown Office Condo
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71 N 300 W, St George, UT 84770

Open-plan commercial condominium within a multi-tenant center, with retail or possible restaurant use identified.

Property Size1,599 SF
Price / SF$281.43
Days on Market465

Property Features for 71 N 300 W

General Information

Standard status Active
Size 1,599 SF
Property subtype RETAIL

Building Details

Tenancy Multi
Listing Agency: NAI Excel
Listed By: Wes Davis · License #5502820-SA00
Source: Moodyscre
Added: Jul 9, 2025 Changed: Oct 3 Last Checked: Oct 16 at 11:55AM

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 NAI Excel

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Investment Insights

Based on property information with market context.

This 1,599-square-foot office condominium is located within a multi-tenant center in downtown St. George. The interior features an open-plan layout and is identified for office, retail, or possible restaurant use.

The property is at 71 N 300 W, St. George, Utah 84770. An existing tenant occupies the space, and showings are available by appointment only; the tenant should not be disturbed.

Key Highlights

  • 1,599‑square‑foot office condominium
  • Open‑plan interior within a multi‑tenant center
  • Located in downtown St. George

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,704
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,080 $394.1K
Cap Rate 7%
$281,486 $281.5K
Cap Rate 9%
$218,933 $218.9K
Market Conditions
NOI Build-Up for 1,599 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$633 −$0.40/SF
EGI
$28.1K $17.60/SF
− OpEx
−$8.4K −$5.28/SF
NOI
$19.7K $12.32/SF
Area
Washington County, UT
Vacancy
2.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,080
Cap Rate 7%
$281,486
Cap Rate 9%
$218,933

Alternative Uses

Best Use
Retail
$281.5K
$246.3K – $328.4K (±1% cap)
NOI $19,704 @ 7.0% cap · market cap 4.38%
Second Best
Office B
$244.5K
$214.0K – $285.3K (±1% cap)
NOI $17,117 @ 7.0% cap · market cap 3.80%
Theoretical Best
Specialty Retail
$440.3K
$385.3K – $513.7K (±1% cap)
NOI $30,822 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

CR Homes Construction Company Sun City Glass Hardware & Home Improvement

Suggested Use

Top Pick Auto Parts Store HVAC Service Storage Facility Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,881
Businesses Nearby

Demographics for 84770, UT

44,505
Population
21,173
Households
2.1
Avg Household Size
36
Median Age
29%
College-Educated
93%
High-School Grad
72.1 sq mi
ZIP Area
617
Density / Sq Mi
$68,174
Median Household Income
$34,586
Median Earnings
$1,344
Median Rent
$407,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office units - Open-plan commercial condominium within a multi-tenant center, with retail or possible restaurant use identified.
Where is this office units located?
The property is located at 71 N 300 W St George, 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: 1,599‑square‑foot office condominium; Open‑plan interior within a multi‑tenant center; Located in downtown St. George
(435) 627-5705 Call to check price and availability
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