295 Highway 40 Roosevelt, UT 84066
- Retail properties
- 0.48 lot acres
Current Use by Public Records
- Retail properties
Property Details for 295 Highway 40
- Lot size
- 0.48 lot acres
- Property type
- Retail properties
Description
This exceptional retail property, situated on a prominent 0.48-acre corner lot at the intersection of Highway 40 and Stewart's Marketplace in Roosevelt, Utah, presents a unique investment opportunity. Priced at $750,000, the property boasts a well-established oil and lube business currently in operation, complete with all necessary equipment for immediate continuation. The building offers substantial storage space, including a full basement and an upstairs attic, providing ample room for inventory, supplies, or expansion. The high-traffic location on Highway 40 ensures significant visibility and accessibility for customers. This turnkey operation offers immediate income potential and the flexibility to adapt to various retail uses. The existing oil and lube business is available for sale, but the adjacent Apex Auto business is offered separately. This presents a rare chance to acquire a thriving business and a strategically located property in a growing area. The property's prime location and existing infrastructure make it an ideal investment for entrepreneurs seeking a profitable venture with immediate returns. Further details regarding the existing businesses and their operations are available upon request. This is a truly exceptional opportunity not to be missed.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roosevelt
- County
- Duchesne
- State
- Utah
- Longitude
- -109.997
- Latitude
- 40.2904