236 S Main St Springville, UT 84663
For Sale
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.