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Property profile

63 Main St Salina, UT 84654

OFF-MARKET
Retail space
Property ID
US86-1220364
View Sample
0.06 ac lot
Individually Owned 9-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional retail opportunity presents a charming 2,614-square-foot building situated in the heart of Salina, Utah's historic downtown business district. Located at 63 E Main St, this single-tenant property boasts a prime location with convenient street parking directly in front and convenient alley access to the rear. Constructed in 1945 of durable concrete block, the building offers a solid foundation and classic appeal. The property encompasses a generous 0.06-acre lot, measuring 25 feet by 100 feet, providing ample space. The building features two stories, including a usable basement, adding to its overall functionality and potential. With a total of 2,614 square feet of net rentable space, the asking price is $79,999, translating to an attractive price per square foot of $30.60. This presents a unique chance to acquire a well-positioned retail space in a thriving Utah community. The property's historical context and convenient location make it an ideal investment for a variety of retail ventures. The combination of street-level accessibility and alley access enhances both customer convenience and operational efficiency. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.06 ac (2,614 SF)
APN 1-S18-8
UPID US86-1220364

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

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
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