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Property profile & analytics
OFF-MARKET
Retail space

280 Main St Price, UT 84501

14,655 SF 0.55 ac lot Built 1953
Property ID
US86-1309338
Property summary
AI-generated overview

This exceptional 14,655-square-foot auto shop, located at 280 E Main St in Price, Utah, presents a unique owner-user investment opportunity. The property, situated on a highly visible, signaled corner lot (0.55 acres) in the heart of Price's Main Street corridor, benefits from significant street frontage and allows for prominent pole and crown signage. Recently renovated in 2023, the two-story building boasts new stucco, paint, and roofing. The interior features ample space for various automotive services, and all existing fixtures, furniture, and equipment (FF&E) are included in the sale. The property includes 16 parking spaces, ensuring convenient access for customers and employees. Built in 1953, this Class C building is zoned for commercial use and offers easy access to Highways 6 and 191. The property will be delivered vacant on August 1, 2024. This is a remarkable chance to capitalize on Price City's ongoing downtown revitalization efforts, as highlighted in the city's new general plan. The asking price is $900,000 ($61.41/sq ft). The property features one unit and is a fee simple ownership. The APN is 01-0350-0000.

Property profile
Verified
Property type Retail space
Year built 1953
Total area 14,655 SF
Lot 0.55 ac (23,958 SF)
APN 01-0350-0000
UPID US86-1309338
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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