78 Ctr St Parowan, UT 84761
This exceptional 5,750 square foot commercial property, located in the heart of downtown Parowan, Utah, presents a unique opportunity for a discerning tenant. Originally a Wells Fargo Bank branch, this single-tenant building boasts a desirable blend of traditional and creative office space, making it suitable for a variety of businesses. Built in 1980, the property features a convenient drive-thru, a significant advantage for businesses requiring customer accessibility. The building's location is highly advantageous, situated directly adjacent to the Iron County Courthouse, ensuring high visibility and convenient access to county services. Ample parking is available on-site, further enhanced by an adjacent lot providing surplus parking capacity for employees and clients. The property is classified as both retail and office space, offering flexibility in its potential use. Situated at 78 E Center St, Parowan, UT 84761, this property is in Iron County and offers a rare combination of prime location, convenient amenities, and substantial square footage. The building's history as a bank provides a solid foundation and established infrastructure. This is an excellent opportunity to establish a presence in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.