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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

305 Main St Nephi, UT 84648

0.29 ac lot
Property ID
US86-0939638
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Lot 0.29 ac (12,632 SF)
UPID US86-0939638
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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