Multi-Unit Retail
For Sale
$895,000
92 S Main St, Richfield, UT 84701
Five-unit storefront building with occupied and vacant units plus unfinished basement for expansion or storage.
Property Size5,891 SF
Price / SF$151.93
Days on Market150
Property Features for 92 S Main St
General Information
Standard status
Active
Size
5,891 SF
Occupancy
60%
Taxes and HOA fees
Annual Taxes
$4,575
Building Details
Tenancy
Multi
Listing Agency:
ERA Brokers Consolidated (Richfield Branch)
(435) 979-7943
Listed By:
Dana R Coates
(435) 979-7943
Source:
Exprealty
Added: Mar 25
Changed: Aug 21
Last Checked: Aug 21 at 10:14AM
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 ERA Brokers Consolidated (Richfield Branch)
Investment Insights
Based on property information with market context.
This multi-unit retail building provides 5,891 sq. ft. of above-grade commercial space and an additional 1,240 sq. ft. of unfinished basement area. The property is divided into five separate commercial units, with three currently occupied by long-term tenants and two units available for new occupancy. The unfinished basement offers space that may be used for expansion or storage, subject to permitted use verification by the buyer.
Located on Richfield’s Main Street, the building presents prominent street-level visibility. Its retail configuration supports a tenant mix designed for small commercial spaces, and the property benefits from Main Street frontage.
For investors, the current split of occupied and vacant units can support a straightforward lease-up plan while maintaining existing in-place occupancy. Buyers also have the option to evaluate how the basement area may fit into the overall property operations or future plans, including verifying what uses are permitted. The building’s five-unit layout offers flexibility for new tenanting strategies and potential unit reconfiguration based on buyer requirements.
Located on Richfield’s Main Street, the building presents prominent street-level visibility. Its retail configuration supports a tenant mix designed for small commercial spaces, and the property benefits from Main Street frontage.
For investors, the current split of occupied and vacant units can support a straightforward lease-up plan while maintaining existing in-place occupancy. Buyers also have the option to evaluate how the basement area may fit into the overall property operations or future plans, including verifying what uses are permitted. The building’s five-unit layout offers flexibility for new tenanting strategies and potential unit reconfiguration based on buyer requirements.
Key Highlights
- 5‑unit commercial storefront building on Richfield’s Main Street with three occupied long‑term units and two vacant units
- Includes 5,891 sq. ft. of above‑grade commercial space plus an additional 1,240 sq. ft. unfinished basement area
- Unfinished basement and back‑area 1,240 sq. ft. provide expansion or storage potential (buyer to verify permitted use)
Property Analytics
Property Profile
Current Use
Lease Details
60%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84701, UT
8,883
Population
3,345
Households
2.7
Avg Household Size
33
Median Age
23%
College-Educated
92%
High-School Grad
229.1 sq mi
ZIP Area
39
Density / Sq Mi
$77,532
Median Household Income
$34,421
Median Earnings
$855
Median Rent
$296,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Five-unit storefront building with occupied and vacant units plus unfinished basement for expansion or storage.
Where is this storefront property located?
The property is located at 92 S Main St Richfield, UT.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5‑unit commercial storefront building on Richfield’s Main Street with three occupied long‑term units and two vacant units; Includes 5,891 sq. ft. of above‑grade commercial space plus an additional 1,240 sq. ft. unfinished basement area; Unfinished basement and back‑area 1,240 sq. ft. provide expansion or storage potential (buyer to verify permitted use)
