Log In/Sign Up
Your email has been sent.
For Sale and Lease 244 N Main St 6,817 SF 50% Leased Retail Building Spanish Fork, UT 84660 $1,500,000 ($220.04/SF) 7.35% Cap Rate
Executive Summary
- Stable Tenant (Preloved) on the main floor. Second Tenant (Let Them Grow Preschool) on second level.
- Prime Main Street location with 14 private parking stalls + 20 open parking stalls
- 37,000 ADT
- 27’ building height - crown signage permitted
- Prime Main Street location with 14 private parking stalls + 20 open parking stalls
- 37,000 ADT
- 27’ building height - crown signage permitted
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,817 SF
Building Class
C
Year Built
1997
Price
$1,500,000
Price Per SF
$220.04
Cap Rate
7.35%
NOI
$110,190
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.50
Lot Size
0.31 AC
Zoning
C - Commercial
Parking
20 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
32’ on Main Street
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-068-0011 | Improvements Assessment | $450,900 |
| Land Assessment | $322,000 | Total Assessment | $772,900 |
Property Taxes
Parcel Number
07-068-0011
Land Assessment
$322,000
Improvements Assessment
$450,900
Total Assessment
$772,900
1 of 36
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
For Sale and Lease | 244 N Main St