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Property profile & analytics
OFF-MARKET
Retail space

56 Main St American Fork, UT 84003-2318

4,200 SF 0.1 ac lot Built 1900
Individually Owned 4-yr Hold Free & Clear
Property ID
US86-0691335
Property summary
AI-generated overview

This exceptional 8,000-square-foot storefront retail property at 56 West Main Street in American Fork, Utah, presents a unique owner-user opportunity. Located in a high-traffic area with excellent Main Street frontage, this two-story building offers 4,000 square feet on each level. Built in 1924, the property sits on a 0.1-acre lot and is zoned CB, allowing for a variety of commercial uses. Currently configured as a bookstore, the space is adaptable to suit various retail needs. The building's convenient location provides easy access to Interstate 15, ensuring high visibility and accessibility for customers. The asking price is $1,199,999, and the property is offered as a single-tenant, NNN lease. This is a rare chance to acquire a well-positioned, established retail space in a thriving Utah County community. The building's solid construction and prime location make it an ideal investment for a business owner seeking a high-impact presence in American Fork. The property's size and layout offer ample space for retail operations, storage, and potentially office space. Don't miss this opportunity to own a piece of American Fork's vibrant commercial landscape.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 4,200 SF
Lot 0.1 ac (4,400 SF)
APN 02-032-0053
UPID US86-0691335
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Stanley B Smith · 4 yrs held
Stanley B Smith
since 2022
3 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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