Permit-Ready Mixed-Use
84 South 100 West Vernal, UT 84078
84 South 100 West, Vernal, UT, 84078
$850,000
For Sale
$850,000
Fully entitled, engineered mixed-use project with street-front commercial suites and residential condominiums.
Property Size23,958 SF
Price / SF$35.48
Days on Market74
Property Features for 84 South 100 West
General Information
- Standard status
- Active
- Size
- 23,958 SF
- Property subtype
- Land / Commercial
Listing agency
Evolve Real Estate & Management LLC
(801) 389-3841
Listed by
Bryan J Fairbanks · License #13416742
(801) 389-3841
Source
Compass
Added: May 11 Updated: Jul 10 at 3:59PM Checked: Jul 22 at 10:01AM
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Investment Insights
Based on property information with market context.
This for-sale mixed-use development is fully entitled and presented as permit-ready, with engineering plans included in the sale. The proposed project includes 18 residential condominiums paired with five street-front commercial suites designed to serve retail or professional service users. Construction pricing is described as negotiated through the seller’s proposed builder services, and the seller offers to complete the build for a 7.5% build fee, with buyers able to use their own contractor as an alternative.
The project’s planning is described as supported by the city, with an emphasis on downtown activation and continued growth. A neighboring city-funded and managed parking structure was developed with the project in mind and includes EV charging infrastructure. The offering also notes eligibility for a $100,000 city facade improvement grant to support streetscape enhancements.
For tenants, the configuration is geared toward storefront-style commercial space alongside for-sale residential units, providing a built-in blend of street-level uses. For buyers, the package is positioned as a turnkey development pathway with permit-ready materials, available build pricing options, and additional financing support information such as a build appraisal available after NDA execution. Projected commercial NOI is approximately $192,028 annually, including a 5% vacancy factor.
The project’s planning is described as supported by the city, with an emphasis on downtown activation and continued growth. A neighboring city-funded and managed parking structure was developed with the project in mind and includes EV charging infrastructure. The offering also notes eligibility for a $100,000 city facade improvement grant to support streetscape enhancements.
For tenants, the configuration is geared toward storefront-style commercial space alongside for-sale residential units, providing a built-in blend of street-level uses. For buyers, the package is positioned as a turnkey development pathway with permit-ready materials, available build pricing options, and additional financing support information such as a build appraisal available after NDA execution. Projected commercial NOI is approximately $192,028 annually, including a 5% vacancy factor.
Key Highlights
- Fully entitled, engineered, permit‑ready mixed‑use development in Vernal, Utah
- Project plans call for 18 residential condominiums plus 5 street‑front commercial suites for retail or professional service users
- Commercial NOI projected at approx. $192,028 annually (includes 5% vacancy factor)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully entitled, engineered mixed-use project with street-front commercial suites and residential condominiums.
Where is this mixed-use property located?
The property is located at 84 South 100 West Vernal, UT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Fully entitled, engineered, permit‑ready mixed‑use development in Vernal, Utah; Project plans call for 18 residential condominiums plus 5 street‑front commercial suites for retail or professional service users; Commercial NOI projected at approx. $192,028 annually (includes 5% vacancy factor)