305 Main St Nephi, UT 84648
This stunning, meticulously restored historical retail property at 305 MAIN, Nephi, UT, presents a unique investment opportunity. Boasting a prominent Main Street location, this building offers exceptional visibility and accessibility for any business. The 0.29-acre lot provides ample parking, a significant advantage in a high-traffic area. The interior retains its original character and charm, featuring a grand entry foyer and beautiful original wood accents and banister, creating a welcoming and sophisticated atmosphere. The layout is versatile, perfectly suited for a single business operation or easily adaptable for multiple tenants, allowing for rental income from individual rooms. The property's size is not specified, but the combination of its prime location, historical significance, and flexible floor plan makes it an exceptional prospect for a variety of commercial uses. The asking price is $500,000. This is a rare chance to acquire a piece of Nephi's history and establish a thriving business in a vibrant community. Serious inquiries are encouraged to schedule a viewing and explore the potential of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.