88 Bear Blvd Garden City, UT 84028
- Retail properties
- 14,500 SF
Current Use by Public Records
- Retail properties
Property Details for 88 Bear Blvd
- Year built
- 2017
- Property size
- 14,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
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
- Garden City
- County
- Rich
- State
- Utah
- Longitude
- -111.393
- Latitude
- 41.9451
