8945 W Magna Main St, Magna, UT 84044

Property Details for 8945 W Magna Main St

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.40 lot acres

Zone code

C-3

Property type

Theaters & concert halls

APN

14-30-227-023

APU

1430227023

Description

This exceptional 7,700 square foot freestanding retail building presents a unique investment opportunity in Magna, Utah. Located at 8945 W Magna Main St, this property boasts a prime location and significant historical character, having been constructed in 1930. The building features a spacious main level encompassing 6,200 square feet, complemented by a 1,500 square foot second level, offering versatile space for a variety of retail uses. The property sits on a 0.4-acre lot and is zoned C-3 (Commercial Mixed Use), allowing for diverse business applications. The building's single-tenant occupancy and NNN lease type provide a straightforward ownership structure. This owner/user investment opportunity is further enhanced by its designation within a Redevelopment Agency (RDA) area and an Opportunity Zone, potentially offering significant tax advantages. The building's solid construction and prominent street frontage ensure high visibility and accessibility for customers. With its blend of historical charm and modern zoning flexibility, this property represents a compelling investment prospect in a growing Utah community. The asking price is $765,000. The property consists of one, two-story building.

Location Insight

City

Magna

County

Salt Lake

State

Utah

Longitude

-112.105

Latitude

40.7107

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments