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8987 W Magna Main St 7,900 SF Retail Building Magna, UT 84044 $1,600,000 ($202.53/SF)
EXECUTIVE SUMMARY
This mixed-use commercial building is comprised of 6 separate parcels and sits prominently in the heart of Magna’s walkable Main Street corridor. Positioned for superb entertainment venue, newly renovated bar, restaurant activation, the property includes an existing tenant operated, popular restaurant, a conditional liquor license for possible transfer, architectural and engineering plans, offering a head start for operators. This facility has all new HVAC, air purifier, lift for stage, high-end Berg alcohol system, new restrooms, updated electrical and plumbing systems.
This standout Main Street property has been newly refurbished from top to bottom, showcasing a modern interior designed for a modern entertainment venue, stylish bar and popular restaurant. Inside, you’ll find sleek finishes, stylish lighting, and all new decor that blends contemporary flair with practical layout. The space includes a modern upscale bar, and dance floor, as well as an existing restaurant tenant. This amazing bar includes a large built in entertainment stage, ideal for live music, comedy or special events, making it a true destination venue.
The building is approximately ± 7,900 SF (Buyer to verify) across three areas: Art's Place (± 5,925 SF), a restaurant space (± 1,975 SF), and a potential flexible basement.
This standout Main Street property has been newly refurbished from top to bottom, showcasing a modern interior designed for a modern entertainment venue, stylish bar and popular restaurant. Inside, you’ll find sleek finishes, stylish lighting, and all new decor that blends contemporary flair with practical layout. The space includes a modern upscale bar, and dance floor, as well as an existing restaurant tenant. This amazing bar includes a large built in entertainment stage, ideal for live music, comedy or special events, making it a true destination venue.
The building is approximately ± 7,900 SF (Buyer to verify) across three areas: Art's Place (± 5,925 SF), a restaurant space (± 1,975 SF), and a potential flexible basement.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,900 SF
Building Class
B
Year Built/Renovated
1917/2022
Price
$1,600,000
Price Per SF
$202.53
Tenancy
Single
Building Height
1 Story
Building FAR
0.45
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Frontage
130’ on 2700 S
AMENITIES
- Restaurant
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-30-226-003-0000 | Improvements Assessment | $379,500 |
| Land Assessment | $128,200 | Total Assessment | $507,700 |
PROPERTY TAXES
Parcel Number
14-30-226-003-0000
Land Assessment
$128,200
Improvements Assessment
$379,500
Total Assessment
$507,700
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8987 W Magna Main St
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