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    7711 Main St Midvale, UT 84047

    For Sale
    $1,700,000

    Historic Theater & Offices, 7,000 SF

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This unique 7,000-square-foot mixed-use property in Midvale, Utah, presents a compelling investment opportunity. Built in 1938 and renovated in 1995, this three-story building boasts a rich history and flexible layout, currently configured as a theater and office space. The main floor features a 121-seat theater with a spacious stage (30' x 30' with 16'5" ceilings), a dance floor, cafe seating, a full kitchen with commercial-grade appliances, and a concession area. A liquor and beer license is available. The second floor houses a full stage control room and VIP seating, while the third floor offers three office suites complete with a conference room, shower, and restrooms. The property sits on a 0.15-acre lot (APN 21-25-353-010) in a prime location on Historic Main Street, just two blocks west of I-15 and five blocks from the Bingham Junction Trax Station. Benefiting from its location within a Federal Opportunity Zone and Midvale City's RDA area, the property is eligible for various grants and incentives for building improvements. The Main Street Form Based Code zoning allows for diverse uses. Ample free on-street parking and nearby parking structures provide convenient access. Matterport 3D floor plans are available for detailed viewing. The asking price is $1,700,000 ($242.86/sq ft). This property offers significant potential for redevelopment and repurposing, making it an attractive investment in a rapidly growing area.

    Property Features for 7711 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,000 SF
    Class
    C
    Lot Size
    6,534 SF

    Building Details

    Year Built/Renovated
    1938/1995
    Buildings
    1
    Stories
    3

    HighLights

    • 7,000 SF, three‑story historic building with flexible use potential; includes theater/concert hall, offices, and rehearsal rooms; second‑level stage control room.
    • Located on Historic Midvale Main Street in a Federal Opportunity Zone; eligible for RDA and CDA grants and incentives; zoned MS‑FBC; two blocks west of I‑15.
    • Features 121 stadium seats, cafe tables, standing/dance floor, 30'x30' stage with 16' ceiling clearance, full lighting/sound/control room, VIP seating; full kitchen with commercial sink and floor drains adjacent to concession area; liquor and beer license available.
    • Includes three floors of office suites with conference room, shower, and restrooms; Matterport 3D floor plans available; ample free on‑street parking and nearby parking structures; five blocks from Bingham Junction Trax Station.
    • Asking price: $1,700,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.91026545048
    Latitude
    40.611009852781

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    FAQs

    What type of property is this?
    Individual retail property - Historic Theater & Offices, 7,000 SF
    Where is this individual retail property located?
    The property is located at 7711 Main St Midvale, UT.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 7,000 SF, three-story historic building with flexible use potential; includes theater/concert hall, offices, and rehearsal rooms; second-level stage control room.; Located on Historic Midvale Main Street in a Federal Opportunity Zone; eligible for RDA and CDA grants and incentives; zoned MS-FBC; two blocks west of I-15.; Features 121 stadium seats, cafe tables, standing/dance floor, 30'x30' stage with 16' ceiling clearance, full lighting/sound/control room, VIP seating; full kitchen with commercial sink and floor drains adjacent to concession area; liquor and beer license available.
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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
    7711 Main St Midvale, UT 84047
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