88 Bear Blvd Garden City, UT 84028
This exceptional Garden City, UT investment opportunity features a 14,500 square foot, two-story Class B mixed-use building situated on Bear Lake Boulevard. The property boasts a 4.00% cap rate and is currently 100% occupied, generating immediate income. Seven units are included: a well-established restaurant, two retail spaces (a candy store and a surf shop), and two office spaces, along with three residential condo units ideal for long-term rentals or short-term vacation stays. Built in 2017, this turn-key property offers a gross lease structure with a remaining term of four years. The asking price is $4,149,000, translating to $286.14 per square foot. Its prime location ensures high visibility and consistent foot traffic, making it an attractive investment for those seeking strong returns and long-term growth potential. The property's diverse tenant mix provides stability and diversification of income streams. This is a rare opportunity to acquire a well-established, high-performing mixed-use property in a desirable location.
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.