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    238 Center St Kanab, UT 84741

    Sponsored
    For Sale
    $1,200,000

    Downtown Kanab retail & apartment

    Property size:
    4,526 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property in downtown Kanab, Utah, presents a compelling investment or owner-user opportunity. Located on Highway 89A, in the heart of "Little Hollywood," this 4,526 square foot building boasts three units: two retail spaces and a one-bedroom, one-bathroom apartment. Currently configured as a successful bakery and coffee shop (with the apartment leased to staff), the property offers significant flexibility. The central retail space has previously housed an art gallery and other vendors, showcasing its adaptability. The building, constructed in 1958, underwent renovations in 2016 and 2020. The sale includes high-efficiency fixtures, furniture, and equipment (FF&E) ideal for a bakery or coffee shop operation. Sitting on a 0.19-acre lot, this Class C property is zoned for commercial use and enjoys 100% occupancy. The asking price is $1,200,000, translating to $265.13 per square foot. This multi-tenant, value-add opportunity is perfect for an owner-user seeking a blend of income generation and personal space, or for an investor looking for a strong return in a high-tourism area. Further details and demographic information are available at an external website.

    Property Features for 238 Center St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,526 SF
    Class
    C
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1958
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • $1,200,000 asking price for a mixed‑use property in Kanab, UT.
    • 4,526 square feet on a 0.19‑acre lot, with 3 units (2 retail, 1 apartment).
    • 100% occupancy, currently operating as a bakery/coffee shop and apartment.
    • Class C building, built in 1958, renovated in 2016 and 2020.
    • Located in downtown Kanab, a high‑tourist area on Highway 89A.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walt Thirion Photography Photographer Kanab Creek Bakery Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kanab
    County
    Kane
    State
    Utah
    Longitude
    -112.53389435464
    Latitude
    37.048253439249

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    FAQs

    What type of property is this?
    Individual retail property - Downtown Kanab retail & apartment
    Where is this individual retail property located?
    The property is located at 238 Center St Kanab, UT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for a mixed-use property in Kanab, UT.; 4,526 square feet on a 0.19-acre lot, with 3 units (2 retail, 1 apartment).; 100% occupancy, currently operating as a bakery/coffee shop and apartment.
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    238 Center St Kanab, UT 84741
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    Kanab, UT 84741
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    238 Center St Kanab, UT 84741
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