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Property profile & analytics
FOR SALE
Retail space

236 S Main St Springville, UT 84663

2,633 SF 0.12 ac lot Built 1930
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US86-0233636
Property summary
AI-generated overview

This exceptional Springville retail property, located at 236 S Main St, offers 4,135 square feet of commercial space in a highly visible Main Street location, ensuring significant foot traffic. Built in 1930, this property boasts four buildings situated on a 0.12-acre lot. Currently 100% occupied under a NNN lease with a single tenant, the asking price is $750,000. The main floor features a kitchen, shower, washer/dryer, spacious office areas, and large great rooms. Additional space is available downstairs, also featuring a private shower room. A full basement offers further potential for development. The property has undergone professional remodeling, resulting in an open floor plan (floor plan available upon request). The current lease agreement includes rates of $18 per square foot annually for the upstairs space and $12 per square foot annually for the downstairs area. This meticulously maintained property presents a remarkable opportunity for a variety of businesses seeking a prominent Springville location. The property's excellent condition and versatile layout offer endless possibilities for future growth and profitability.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 2,633 SF
Lot 0.12 ac (5,227 SF)
APN 06-012-0038
UPID US86-0233636
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
Current use
Occupant on record · Public records
  • Downtown Dance Hotel & Motel Resort
  • Warrior Way Academy Training Center Sports School
  • Warrior Way Life Defense Consultant Life Coach
  • Warrior Way Training Center Sports School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hughes Properties LLC
Hughes Properties LLC
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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