Mixed-Use

Salem, UT Mixed-use Properties for Sale

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Elk Ridge, UT Santaquin, UT Payson, UT Spanish Fork, UT Woodland Hills, UT Palmyra, UT Benjamin, UT Mapleton, UT
Commercial Property with Residential Use
Updated: Dec 17, 2024
Commercial Property with Residential Use

555 W 300 S, Salem, UT 84653

$1,500,000
0.52 AC lot
Commercial zoning allows for both business and residential use
35x36 shop with 220V 3‑phase power and natural gas heat
Extensively remodeled with new HVAC, roof, plumbing, flooring, and kitchen
Large master suite with updated bathroom and mini‑split HVAC
Large .52‑acre lot with fruit trees, greenhouse, garden area, mini‑moto track, waterfall, and pond
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Shovel-Ready Mixed-Use Development
Shovel-Ready Mixed-Use Development

69 E CENTER St, Provo, UT 84606

$1,500,000
23,150 sqft 0.11 AC lot

Planned 23,150 SF mixed-use build with 20 residences, rooftop deck, and 4,000 SF street-level retail.

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Turnkey Investment Opportunity in Payson
Turnkey Investment Opportunity in Payson

675 S 100 W, Payson, UT 84651

$1,450,000
0.93 AC lot

Fully rented commercial building with residential unit and long-term renters.

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Retail and Office Building with Parking
Retail and Office Building with Parking

55 N University Ave, Provo, UT 84601

Contact for pricing
89,951 sqft 2.21 AC lot

Downtown retail and office building with modernized suites, upgraded common areas, and a three-story on-site parking structure.

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Full Building For Sale in Downtown Payson, UT
Full Building For Sale in Downtown Payson, UT

225 South 400 East, Payson, UT 84651

$1,195,000
77,101 sqft 1.77 AC lot

Exceptional 1.77-Acre Property with Versatile Community Space

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Eagle Mountain Commercial Development Opportunity
Eagle Mountain Commercial Development Opportunity

6000 Eagle Mountain Boulevard, Eagle Mountain, UT 84005

$9,583,200
871,200 sqft 20.00 AC lot

Flexible commercial lots available in Eagle Mountain development.

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Heber Valley Prime Agricultural Land
Heber Valley Prime Agricultural Land

4455 N HIGHWAY 40, Heber City, UT 84032

$23,000,000
23.35 AC lot

23.35 acres of prime real estate in Heber Valley.

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Heber City Corner Lot Parcel
Heber City Corner Lot Parcel

217 E 100 S, Heber City, UT 84032

$719,000
0.23 AC lot

Development opportunity in Heber City's Central Neighborhood District.

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South Jordan Infill Redevelopment Opportunity
South Jordan Infill Redevelopment Opportunity

1600 W 11400 S, South Jordan, UT 84095

$1,700,000
3,300 sqft 1.09 AC lot

1.09-acre infill parcel suitable for mixed-use or residential development.

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Salem, UT Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Salem, UT on our real estate platform.

Sale prices for multi use buildings in Salem, UT average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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Demographics Overview

Population 12K
Population Growth (5Y) +26.9%
Median Household Income $111,420
College Educated 53.8%

High-Yield Neighborhoods for Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
84653 $1.3M

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $13.38 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Utah County

New Delisted

Total CRE Inventory on Market (SF)

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