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2 N Main St 5,887 SF 87% Leased Retail Building Providence, UT 84332 $1,009,000 ($171.39/SF) 8% Cap Rate
Executive Summary
Great Opportunity to own a commercial investment property at a price range that is rarely available. Anchor tenant, Immaculate Homes, has been in place since 2007 and has 4.5 years left on current lease term. Property has been professionally managed for the previous 11 years. Also, an opportunity for an owner/user to occupy partial space and have room to grow in the future.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,887 SF
Building Class
C
Year Built/Renovated
1958/2007
Price
$1,009,000
Price Per SF
$171.39
Cap Rate
8%
NOI
$80,720
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.49 AC
Zoning
C - Commercial
Parking
23 Spaces (3.91 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Jones Accounting
- -
- -
- -
-
Lorem Ipsum
-
Jan 0000
- Moabtique
- Retailer
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Jones Accounting | - | - | - | Lorem Ipsum | Jan 0000 | |
| Moabtique | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 6
- 734 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 6 | 734 SF | Office | - | Now |
6
| Size |
| 734 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-095-0027 | Improvements Assessment | $685,051 |
| Land Assessment | $201,705 | Total Assessment | $886,756 |
Property Taxes
Parcel Number
02-095-0027
Land Assessment
$201,705
Improvements Assessment
$685,051
Total Assessment
$886,756
1 of 3
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2 N Main St
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