95 Main St, Vernal, UT 84078-2501
This exceptional commercial property in Vernal, Utah, presents a lucrative investment opportunity, priced at $1,350,000. The 10,000 square foot building, comprised of 5,000 square feet on each of two levels, is currently fully leased, generating consistent rental income. A recent, extensive renovation (October 2019 - February 2020) encompassed a new roof, electrical system, plumbing, insulation, and modern flooring throughout. These upgrades ensure a high-quality space for tenants and attract clientele. The property benefits from significant city improvements to the adjacent parking lot, enhancing accessibility and visibility for businesses housed within. Ample street parking further complements the convenient location. Situated in a high-traffic area of Vernal, this versatile space is ideal for a variety of retail and office uses. The 0.12-acre lot provides ample space for the building and its operations. Showings are by appointment only to ensure a respectful and private viewing experience for potential buyers. Please do not disturb the tenants. This is a rare opportunity to acquire a fully renovated, income-producing commercial property in a desirable location.
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Bethany Trouberman, CENTURY 21 Parker Real Estate Professionals, Realtor Real Estate Agency
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Troy Allred-Century 21 Parker Real Estate Professionals Realtor Real Estate Agency
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Century 21 Parker Property Management Property Management Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.