391 N Main St - Storefront Retail/Office FOR SALE


Springville, UT 84663
$795,000 USD
801-623-8113
391 N Main St, Springville, UT for Sale
$795,000 USD
Storefront Retail/Office - FOR SALE
1/41
null | Request Cap Rate

391 N Main St
Springville, UT 84663


HIGHLIGHTS

  • 88 possible uses per the city of Springville.
  • Historic property with real wood shake shingles.
  • Commercial fire alarm system
  • Located at the signalized hard corner location of Hwy 89 and W 400 N.

OVERVIEW

This historic property features many touches such as a real wood shake roof to enhance the historic appeal. Other modern renovations are already taken care of, including electrical, plumbing, ac, heating, and fire system have all been upgraded. The property currently houses a preschool, counseling office, and hair styling salon, but other possible uses include reception center, restaurant, day care, senior housing, private school, assisted living, preschool, car wash, animal hospital/clinic, financial institution, laboratory, medical or dental, laundromat, pharmacy, print shop, hotel/motel, and more! To see the complete possible uses from City of Springville click below. Mixed use possibilities: Live where you work! An owner residential tenant could reside in the property and lease out or own and run a business onsite. Springville City is in the process of expanding and revitalizing Springville Main St. There are over 88 possible uses for this property with the revitalization effort, and there are currently 3 different businesses already operating in this building, with the flexibility for more or fewer. Mixed use as an owner residence/business is possible and building additions are allowed per Springville City. There is also the option to acquire the Treasure Tree LLC Pre School with over 10 years’ operating experience and over 200 students. This business produces over $100,000 in income annually and is just one of three business in the building. The business and the Real Estate will be negotiated separately in the REPC. All fixtures and non-attached items can be negotiated with the sale, along with phone numbers of past and present clients and parents’ emails should the new owner wish to purchase the Treasure Tree LLC preschool. Buy now and benefit from the millions in renovations in progress from Springville City as this property will be in the heart of the renovation. Upside is projected. Enjoy plenty of on street parking encouraged by Springville City. Stall number is an estimate for on street parking. Square Footage is obtained from an appraisal and the county records combined. Ask for details. Call agent Steve Clarke at 801-612-8113 for showings. Restricted showing times strictly enforced. Information deemed reliable. Buyer to verify details.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pre School: Treasure Tree LLC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Office/Residential, Office Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1884

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CC

APN/PARCEL ID

06-060-0011

ASK ABOUT THIS PROPERTY

Steve ClarkeFathom RealtyMore Info
801-623-8113

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Steve ClarkeFathom RealtyMore Info
801-623-8113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.