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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

88 Bear Blvd Garden City, UT 84028

14,500 SF Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 14,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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