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2681 S 9040 W 6,210 SF Industrial Building Magna, UT 84044 $699,000 ($112.56/SF)



INVESTMENT HIGHLIGHTS
- Centrally located in Magna Downtown Historical District with a mixed use zone.
- Fenced Loading Area
- New Roof
EXECUTIVE SUMMARY
Centrally located in Magna Downtown Historical District with a mixed use zone. This building has a backup electrical power system and is currently being used as a warehouse. Could be adapted to office, retail, or mixed use housing. Solid masonry construction. New flat membrane roof with no visible leaks. 15X85 foot basement. Enclosed concrete breezeway with catwalk for easy heating & cooling system & building maintenance. This building lends itself to multiple uses with a 15X24 Outbuilding. Back loading area is enclosed with full back fence.
Building has been approved for second level apartments.
Building has been approved for second level apartments.
PROPERTY FACTS
| Price | $699,000 | Rentable Building Area | 6,210 SF |
| Price Per SF | $112.56 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1972 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.45/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 9’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.21 AC | Opportunity Zone |
Yes
|
| Zoning | DH - Downtown Historic District (DH) Mixed Use Zone: for entertainment, restaurants, retail, and specialty shops, medium-density residential and office. | ||
| Price | $699,000 |
| Price Per SF | $112.56 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.21 AC |
| Rentable Building Area | 6,210 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Tenancy | Single |
| Parking Ratio | 1.45/1,000 SF |
| Clear Ceiling Height | 9’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | DH - Downtown Historic District (DH) Mixed Use Zone: for entertainment, restaurants, retail, and specialty shops, medium-density residential and office. |
AMENITIES
- Floor Drains
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Clear Sound
- Manufacturing
- 6,199 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Clear Sound | Manufacturing | 6,199 SF | - | - |
PROPERTY TAXES
| Parcel Number | 14-19-455-004-0000 | Improvements Assessment | $170,500 |
| Land Assessment | $192,300 | Total Assessment | $362,800 |
PROPERTY TAXES
Parcel Number
14-19-455-004-0000
Land Assessment
$192,300
Improvements Assessment
$170,500
Total Assessment
$362,800
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2681 S 9040 W
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