78 Main St Price, UT 84501
This exceptional 20,149 square foot, two-story building, located at 78 E Main St, Price, UT 84501, presents a unique investment opportunity. Formerly occupied by JCPenney, this prominent structure boasts a rich history dating back to 1929. Situated on a 0.32-acre lot (APN 01-0314-0000), the building is priced at $800,000, or $39.70 per square foot. The property benefits from its location on a high-traffic section of Main Street, with an average daily traffic count of 7,792 vehicles. This prime location is surrounded by established businesses including Subway, Wells Fargo, Zions Bank, the US Postal Service, Lee's Music, Maverik, McDonald's, and Family Pharmacy. The versatile space offers significant potential for a variety of uses, including office space, medical facilities, a conference center, a department store, or a shared work office space. A virtual tour is available. This is a rare chance to acquire a landmark building in a thriving Utah community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.