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    589 Fort Union Blvd Midvale, UT 84047

    For Lease
    $24 SF/Yr ($9,800 /Mo)

    1,500 SF Retail Storefront Available

    Lot size:
    4,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This Midvale, Utah retail storefront, located at 589 East Fort Union Blvd, zip code 84047, offers 1,500 square feet of space in a Class B, single-story building. The property is part of a multi-tenant building totaling 4,900 square feet. The zoning is designated as CB. This unit, ideal for a variety of retail uses such as a nail or hair salon, features convenient front and back entrances, ensuring easy access for customers. Ample parking is available at a rate of 3.95 spaces per 1,000 square feet. The property boasts excellent visibility and accessibility, with easy access to I-15 and I-215 freeways. Fiber internet is available. Common area maintenance (CAM) charges are $5.40 per square foot. This is a fantastic opportunity for a business seeking a well-located and functional retail space in a thriving Midvale community. The property is situated at 40.6210166 latitude and -111.8749749 longitude.

    Property Features for 589 Fort Union Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,900 SF
    Class
    B
    Total Rate
    9800

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Unit 583
    Size
    1,500 SF
    Rate per SF
    $24

    HighLights

    • 1,500 SF retail storefront in Midvale, UT (84047) at 589 East Fort Union Blvd.
    • Class B, single‑story building in a 4,900 SF multi‑tenant property; CB zoning.
    • Convenient front and back entrances, ample parking (3.95 spaces/1,000 SF).
    • Excellent visibility and freeway access (I‑15 & I‑215); fiber internet available.
    • CAM charges: $5.40/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8749749
    Latitude
    40.6210166

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    FAQs

    What type of property is this?
    Individual retail property - 1,500 SF Retail Storefront Available
    Where is this individual retail property located?
    The property is located at 589 Fort Union Blvd Midvale, UT.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 1,500 SF retail storefront in Midvale, UT (84047) at 589 East Fort Union Blvd.; Class B, single-story building in a 4,900 SF multi-tenant property; CB zoning.; Convenient front and back entrances, ample parking (3.95 spaces/1,000 SF).
    Request Owner's contact information
    589 Fort Union Blvd Midvale, UT 84047
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    Midvale, UT 84047
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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
    589 Fort Union Blvd Midvale, UT 84047
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