1080 1350th S Richfield, UT 84701-7089
- Drive through restaurants
- 0.40 lot acres
Current Use by Public Records
- WINGERS Restaurant / American Restaurant / Bar & Grill
Property Details for 1080 1350th S
- Lot size
- 0.40 lot acres
- Property type
- Drive through restaurants
- APN
- 1-10-42
- APU
- 11042
Description
This exceptional turnkey restaurant opportunity in Richfield, Utah, presents a rare chance to acquire a thriving business in a prime location. The property, located at 1080 W 1350 S, boasts 3,901 square feet of well-maintained space, perfectly suited for continued restaurant operations or creative repurposing. The asking price is $1,500,000, translating to a price per square foot of $384.52, reflecting the property's strong value and potential. Situated in Sevier County, Utah, with a zip code of 84701, this single-building property benefits from high visibility and convenient access for customers. The location's strong demographics and established clientele base provide a solid foundation for continued success. The property's size and layout offer ample space for both front-of-house operations and a fully equipped kitchen. This is an ideal investment for experienced restaurateurs seeking an established business or entrepreneurs looking to launch their culinary vision in a vibrant community. The property is categorized as retail, specifically a restaurant, and is ready for immediate occupancy. Detailed financial information is available upon request. Don't miss this exceptional opportunity to own a successful restaurant in a desirable Utah location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $380,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $435,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $480,000
- Mixed-Use
- $470,000
- Hospitality
- $410,000
- Educational
- $455,000
- Residential Income
- $415,000
- Energy
- $370,000
- Income-Based Land
- $480,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Richfield
- County
- Sevier
- State
- Utah
- Longitude
- -112.104
- Latitude
- 38.7494