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533-591 N State Rd. Salem, UT 84653
Salem, UT 84653
Retail Property For Sale

Investment Highlights

  • State Road access and exposure, large south county Retail strip center, smaller Retail condo units for sale

Executive Summary

South Valley Plaza in Salem, Utah consists of 4 remaining units that are all under one tax ID number. Current configurations are from 2,621 square feet of office to over 6,900 square feet of retail space. It may be possible to parcel off a space that fits your needs. Upon purchasing, and with the Seller’s Consent, a new tax ID number will be recorded and assigned at each sale. Refer to the attached flyer for prices, sizes and current configurations of the available spaces. Please note: the re-platting process may take up to 6 -8 weeks to re-plat and recordation. The property was constructed between 2008 and 2012 according to county records. We do not have information as to how/where the construction started and ended. We have office, retail, warehouse and one medical office that is built out. Spaces can be created based on the Buyer's requirement. The attached flyer has a floor plan that is an as-built drawing that shows how the spaces are currently configured and what is still available. The complex has approximately 190 parking spaces, rights to use the electronic marque sign on the highway and restrictive covenants. Some of the units are currently occupied with month-to-month Tenants. CAM fees are .20 to .22 per square foot per month and this fee covers exterior maintenance. You can view the floor plan configuration as they exist as well as prices on the attached flyer along with demographic information. Please do not contact the tenants. We will be pleased to meet you for a tour of the property. We can provide a rent roll if requested. Agents: Please qualify your Buyers before showing. Buyer’s . Please provide 24 hour notice for a showing and we ask that you do not disturb Tenants. Feel free to contact: Russ Berry berrycre@gmail.com 801-420-5171 Marketed by BHHS Elite Corporate Real Estate Advisors. We believe this information is correct however, the Buyer is responsible to verify all information. The property is currently managed by the Seller.

Property Facts

Property Type Retail
Property Subtype
Storefront Retail/Office
  • General Retail Storefront
  • Showroom
Building Class B
Lot Size 3.72 AC
Gross Leasable Area 58,836 SF
No. Stories 2
Year Built 2008
Parking Ratio 3.23/1,000 SF
APN / Parcel ID
30-001-0131
  • 66-768-0104
  • 66-799-0107
Zoning C 1 - C-1

Amenities

  • 24 Hour Access
  • Bus Line
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Listing ID: 16036310

  • Date on Market: 5/13/2019

  • Last Updated:

  • Address: 533-591 N State Rd. Salem, UT 84653, Salem, UT 84653

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