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30 Commercial Ave 1,500 SF Retail Building Grantsville, UT 84029 $300,000 ($200/SF)
INVESTMENT HIGHLIGHTS
- 10,553 AADT
- Main St Location
EXECUTIVE SUMMARY
Prime single tenant 1,500 SF laundromat building anchored by South Fork Hardware, located on Grantsville Main Street.
The busy Main Street has an average daily traffic of 10,553. The property benefits from high visibility, steady foot traffic, and easy access to the main road. Surrounded by residential communities and established retailers, this building offers strong a strong investment opportunity, and stable growth potential.
Current rents at the property are below market rates, presenting an attractive value-add opportunity for the next owner when the current lease expires. The space is currently leased with 3% annual increases. Current rent is $1,638 NNN. In July 2026, rents escalate to $1,687.
The busy Main Street has an average daily traffic of 10,553. The property benefits from high visibility, steady foot traffic, and easy access to the main road. Surrounded by residential communities and established retailers, this building offers strong a strong investment opportunity, and stable growth potential.
Current rents at the property are below market rates, presenting an attractive value-add opportunity for the next owner when the current lease expires. The space is currently leased with 3% annual increases. Current rent is $1,638 NNN. In July 2026, rents escalate to $1,687.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,500 SF
Building Class
C
Year Built
1983
Price
$300,000
Price Per SF
$200
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.17 AC
Zoning
CS - Commercial
PROPERTY TAXES
| Parcel Number | 01-094-0-0014 | Improvements Assessment | $102,224 |
| Land Assessment | $156,488 | Total Assessment | $258,712 |
PROPERTY TAXES
Parcel Number
01-094-0-0014
Land Assessment
$156,488
Improvements Assessment
$102,224
Total Assessment
$258,712
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