Technical
Financial
Distress signals
Property profile

305 Main St Nephi, UT 84648

OFF-MARKET
Retail properties & Spaces
Property ID
US86-0939638
0.29 ac lot
Saved · see the list in your Dashboard

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

Location

305 Main St Nephi, UT 84648
Nephi metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 305 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message