3137 Main St South Salt Lake, UT 84115-3748

This exceptional investment opportunity presents a 4,535 square foot auto shop located at 3137 S Main Street, South Salt Lake, UT 84115. The property, situated on a 0.23-acre lot (APN 16-30-302-001-0000), boasts a compelling 6.92% cap rate and is currently 100% occupied with month-to-month leases in place, expiring December 30, 2024. The single-story, 1953-built building features three separate, yet combinable, units, each contributing to the property's strong rental income. Seven dock-high doors facilitate efficient operations, and three restrooms cater to tenant and customer needs. The property includes a repairable paint booth, adding further value. Zoned for commercial business use, this property offers a rare automotive-use opportunity in South Salt Lake. The asking price is $1,250,000, translating to $275.63 per square foot. This is a value-add investment perfect for both investors and owner-users seeking a strong return on investment in a prime location. The property is classified as Retail, Industrial, and Mixed Use.