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36 W Utah Ave 4,466 SF Retail Building Payson, UT 84651 $750,000 ($167.94/SF)



Investment Highlights
- Historic downtown storefront with direct frontage on West Utah Avenue.
- Renovated building offering continued retail and commercial functionality.
- Established location surrounded by local retailers and service businesses.
- Two-story commercial building positioned within Payson's Main Street district.
- Convenient access to Interstate 15 and the greater Utah County market.
- Visible street presence in a longstanding commercial corridor.
Executive Summary
Located in Downtown Payson along West Utah Avenue, this historic two-story retail property presents an opportunity to acquire a commercial asset within the city's established Main Street business district. The building benefits from direct frontage on a highly accessible corridor and is positioned among local retailers, restaurants, service businesses, and community destinations that support ongoing pedestrian and vehicle activity in the downtown area.
Originally constructed in 1914 and renovated in 2000, the property combines historic character with updates that support continued commercial use. The storefront configuration offers visibility from Utah Avenue and provides a recognizable presence within one of Payson's most established commercial corridors. The property's location places it within convenient reach of Interstate 15, connecting businesses to the broader Utah County market, including Provo, Orem, and surrounding communities. Payson continues to serve as a regional hub for southern Utah County residents, supporting a diverse mix of retail, professional, and service-oriented users.
The asset may appeal to owner-users seeking a downtown presence as well as investors looking to acquire a retail property in a growing Utah County market. Nearby commercial activity, community amenities, and regional transportation access contribute to the property's long-term relevance within the local business environment. Its established location, street presence, and historic identity create an opportunity for continued retail, showroom, specialty commercial, or mixed commercial occupancy within Downtown Payson.
Originally constructed in 1914 and renovated in 2000, the property combines historic character with updates that support continued commercial use. The storefront configuration offers visibility from Utah Avenue and provides a recognizable presence within one of Payson's most established commercial corridors. The property's location places it within convenient reach of Interstate 15, connecting businesses to the broader Utah County market, including Provo, Orem, and surrounding communities. Payson continues to serve as a regional hub for southern Utah County residents, supporting a diverse mix of retail, professional, and service-oriented users.
The asset may appeal to owner-users seeking a downtown presence as well as investors looking to acquire a retail property in a growing Utah County market. Nearby commercial activity, community amenities, and regional transportation access contribute to the property's long-term relevance within the local business environment. Its established location, street presence, and historic identity create an opportunity for continued retail, showroom, specialty commercial, or mixed commercial occupancy within Downtown Payson.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
4,466 SF
Building Class
C
Year Built/Renovated
1914/2000
Price
$750,000
Price Per SF
$167.94
Tenancy
Single
Building Height
2 Stories
Slab To Slab
15’
Building FAR
1.46
Lot Size
0.07 AC
Zoning
CU - Commercial
Parking
20 Spaces (4.48 Spaces per 1,000 SF Leased)
Frontage
31’ on West Utah Avenue
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Downhill Cyclery
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Downhill Cyclery | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $516,300 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$516,300
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36 W Utah Ave
