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    298 N Main St Richfield, UT 84701

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    298 N Main St Richfield, UT 84701


    • Drive through restaurants
    • 0.45 lot acres
    Main Street Restaurant Opportunity For Sale
    $1,599,000
    7,000 SF

    Main Street Restaurant Opportunity

    High-visibility restaurant space on Main Street ready for new venture.

    298 N MAIN ST, Richfield, UT 84701
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • South China Cafe / Restaurant

    Property Details for 298 N 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.


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    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
    View Listing
    More about this property
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