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    1475 Main St Richfield, UT 84701

    For Lease
    $163 SF/Yr

    Prime Restaurant Space, High Traffic Area

    Lot size:
    6,656 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional restaurant opportunity is located at 1475 N Main St, Richfield, UT 84701. The property boasts a substantial 6,656 square feet of space, perfect for a thriving culinary establishment. Its strategic location immediately off I-70 ensures high visibility and accessibility for customers. The single-tenant occupancy provides a unique opportunity for a business to establish a strong presence in a high-traffic area with ample parking. The property's APN is 1-2-31. This is an ideal location for a restaurant seeking to capitalize on the significant foot and vehicle traffic generated by its proximity to a major interstate. The building's size allows for a variety of restaurant concepts, from casual dining to upscale establishments. The property is situated in Richfield, Utah, offering a strong local market and convenient access to regional transportation networks. This turnkey opportunity presents a chance to acquire a well-positioned restaurant space in a desirable location. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 1475 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,656 SF
    Total Rate
    90721.28

    Unit(s) available at that property

    Space
    Size
    6,656 SF
    Rate per SF
    $199

    HighLights

    • 6,656 SF restaurant space available for lease at 1475 N Main St, Richfield, UT 84701.
    • Fully built‑out restaurant/café space with kitchen.
    • High‑visibility outparcel location with ample parking off I‑70.
    • Lease rate excludes utilities, property expenses, and building services.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ross’s Pizza & Pasta ... Italian Restaurant Ross's Pizza and Pasta ... Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Richfield
    County
    Sevier
    State
    Utah
    Longitude
    -112.0827401716
    Latitude
    38.788658357311

    Nearby Comparable

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 1475 Main St Richfield, UT.
    What is the lease rate?
    The lease rate is $199 SF/Yr.
    What are key features of this property?
    This property features: 6,656 SF restaurant space available for lease at 1475 N Main St, Richfield, UT 84701.; Fully built-out restaurant/café space with kitchen.; High-visibility outparcel location with ample parking off I-70.
    Request Owner's contact information
    1475 Main St Richfield, UT 84701
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    Richfield, UT 84701
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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
    1475 Main St Richfield, UT 84701
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