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About the Listing 70174 - 48537,28047352
Commercial Investment Property Richfield Main Street Positioned on Richfield's Main Street, this commercial building offers immediate income with clear upside potential. The property contains 5,891 sq. ft. of above-grade commercial space and an additional 1,240 sq. ft. of unfinished basement area, providing future expansion or storage opportunities (buyer to verify permitted use). The building is divided into five commercial units, with three currently occupied by stable, long-term tenants, creating in-place cash flow. Two vacant units allow a new owner to implement a lease-up strategy and increase overall rental income. With prominent Main Street frontage, the property benefits from high visibility, steady downtown traffic, and consistent demand for small commercial spaces. 1240 Sq ft in the back part of building plus unfinished basement represents further value-add potential. This asset is well suited for an investor seeking to improve returns through increased occupancy, potential reconfiguration of space, and operational efficiencies.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Real Estate
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Basement
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 57.0x140.0x61.0
- Zoning: Comm
- Roof: Asphalt,Pitched
- Others: Paved Parking,Blt./Standing
- Sewer:
Financial Details
- Tax Amount: $4,575
- Taxes w/Assessments: N/A
- Tax/Property ID: 1-22-1
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
92 S Main St Richfield, UT 84701
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