88 Main St Paragonah, UT 84761
This exceptional 1,250 square foot retail space, located at 88 N Main St in Paragonah, Utah, presents a unique investment opportunity. Situated on a sizable 6-acre lot in Iron County, this property boasts a rich history, previously operating as the Ace Motel and more recently as a retail store. The building, constructed in 1983, offers a single-tenant occupancy and is currently configured with eight rooms, a layout adaptable to various retail uses. A significant advantage is the inclusion of existing furniture, fixtures, and equipment (FF&E), saving the new tenant considerable setup costs. The property's prominent Main Street location ensures high visibility and accessibility, making it ideal for a variety of businesses. The zip code is 84761. Note that an adjacent residential home is also part of the property. Interested parties are asked to refrain from disturbing current tenants or businesses. This property is zoned for retail use. The property is located at 37.8438649 latitude and -112.8273527 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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