9068 W 2700 S - Storefront Retail/Residential FOR SALE


Magna, UT 84044
$400,000 USD
801-589-0300
9068 W 2700 S, Magna, UT for Sale
$400,000 USD
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

9068 W 2700 S
Magna, UT 84044


HIGHLIGHTS

  • Corner lot on historic Main Street in fast growing Magna
  • Existing building with retail/office on the main floor and a 2 bedroom residential unit upstairs producing rent.
  • Zoning allows a drive up restaurant/ pop / coffee shop
  • Plans are in the works for an additional 1,600 square foot retail/restaurant space with 2 residential units upstairs
  • Zoning allows the total project to be 2 commercial units and 3 apartments.

OVERVIEW

Corner lot recently rezoned to allow for a drive through restaurant, pop/coffee shop. Zoning also allows for retail/office on the main floor and residential units upstairs. Existing building has a retail/ office space on the main floor that is currently available with a 2 bedroom unit upstairs that is leased. Plans are being completed of a second building that will be approximately 1,600 square feet of commercial space with a drive up window along with 2 residential units upstairs each with their own entry. A two bedroom unit and a good sized one bedroom unit.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C-3

APN/PARCEL ID

14-19-454-019-0000,14-19-454-026-0000

ASK ABOUT THIS PROPERTY

Steve AndrewsHepworth Fisher Real EstateMore Info
801-589-0300

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Steve AndrewsHepworth Fisher Real EstateMore Info
801-589-0300

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