Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

298 Main St Richfield, UT 84701

  • Drive through restaurants
  • 0.45 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US86-1144305
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • South China Cafe / Chinese Restaurant / Restaurant

Property Details for 298 Main St

Lot size
0.45 lot acres
Property type
Drive through restaurants
APN
1-41-7
APU
1417

Description

This exceptional 7,000+ square foot retail property, situated on a prominent corner lot at 298 Main Street in Richfield, Utah, presents a remarkable investment opportunity. Boasting excellent visibility and a high-traffic location, this move-in ready space is perfect for a variety of commercial ventures. The building sits on a 0.45-acre lot and features a fully equipped commercial kitchen, ideal for restaurants or businesses requiring food preparation capabilities. Multiple separated areas within the building are well-suited for private parties or events, adding versatility to its potential uses. A lighted pylon sign is already in place, ensuring maximum brand visibility for the new owner. The property's versatile layout and prime location make it an exceptional opportunity for entrepreneurs seeking a high-impact space to launch or expand their business. The asking price is $2,500,000. This is a rare chance to acquire a well-established, high-quality commercial space in a thriving Richfield location. The building is ready for immediate occupancy, allowing for a swift transition and rapid return on investment. Don't miss this chance to secure a prime piece of Richfield real estate.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $435,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Richfield
County
Sevier
State
Utah
Longitude
-112.084
Latitude
38.772

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,233
$241,829
$1,452,670
$1,694,499
-
$241,829
$1,452,670
$1,694,499
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message