REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,450,000
Est. payment | /mo
0.93 Acres Lot
$ 1,450,000
Est. payment | /mo
0.93 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2140513
Construction Status Blt./Standing
HOA Y/N No
Year Built 1995
Annual Tax Amount $11,719
Lot Size 0.930 Acres
Acres 0.93
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
**PLEASE DO NOT DISTURB TENANTS OR THEIR BUSINESSES!!** Turnkey investment opportunity with rented units, maintenance schedules, and contractors all in place. This is a fully rented commercial building that also includes a rented residential unit. With a cap rate of 6% this is a solid investment opportunity. Several updates have been made to the commercial building within the last few years, including: full roof replacement, new water heaters, furnace maintenance, updated exterior locks and security measures, new pavement in the south parking lot, and the addition of solar-powered lights. The residential home on the property was remodeled in 2020 with renovations including new flooring throughout, drywall repair and paint, new lighting, new cabinets, countertop, and backsplash in the kitchen, as well as a full bathroom remodel. It has long-term renters as well. All units are currently rented, with great long-term renters, many of whom have been in the building for over a decade. This listing is for multiple tax ID numbers: 08:126:0001 and 08-126-0017.
Location
State UT
County Utah
Area Payson; Elk Rg; Salem; Wdhil
Interior
Fireplace No
Exterior
View Y/N No
Present Use Retail,Office
Private Pool No
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 08-126-0017
Listed by Realtypath LLC (Home and Family)
NEARBY SCHOOL & BUSINESS
Get In Touch