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Owner-User | Live/Work | Future Redevelopment 9068 W 2700 S 1,656 SF 100% Leased Retail Building Magna, UT 84044 $389,000 ($234.90/SF)
Investment Highlights
- Owner User | Live/Work | Future Redevelopment Opportunity
- Freestanding Mixed-Use Building with Magna Main Street Frontage
- Future Drive-Thru Redevelopment Upside Potential
- Price Reduction! Motivated Seller!
Executive Summary
- Price Reduction! Motivated Seller
- 1,656 SF Freestanding Mixed-Use Building
- Main Level Retail/Office
- Upper Level: Two Bedroom Apartment
- Ideal for Owner User or Live/Work Opportunity
- Potential Rental Income from Apartment or Retail Space
- Future Drive-Thru Redevelopment Upside Potential
- Zoning: C-3 (Commercial Mixed Use)
- Magna Main Street Frontage
- Easy Access to S.R. 201 & Bacchus Highway
- Nearby Traffic Counts Exceed 22,000 Vehicles Per Day
- Flexible Uses Include: Retail, Office, Coffee Shop, Salon, Service Business, or Investment Use
- 1,656 SF Freestanding Mixed-Use Building
- Main Level Retail/Office
- Upper Level: Two Bedroom Apartment
- Ideal for Owner User or Live/Work Opportunity
- Potential Rental Income from Apartment or Retail Space
- Future Drive-Thru Redevelopment Upside Potential
- Zoning: C-3 (Commercial Mixed Use)
- Magna Main Street Frontage
- Easy Access to S.R. 201 & Bacchus Highway
- Nearby Traffic Counts Exceed 22,000 Vehicles Per Day
- Flexible Uses Include: Retail, Office, Coffee Shop, Salon, Service Business, or Investment Use
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,656 SF
Building Class
C
Year Built
1924
Price
$389,000
Price Per SF
$234.90
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.21
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C-3 - Retail / office mixed use
Can have a drive through window
Parking
12 Spaces (7.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $110,490 | |
| Land Assessment | $175,690 | Total Assessment | $286,180 |
Property Taxes
Parcel Numbers
Land Assessment
$175,690
Improvements Assessment
$110,490
Total Assessment
$286,180
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Owner-User | Live/Work | Future Redevelopment | 9068 W 2700 S
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