58 W MAIN ST, Grantsville, UT 84029

  • $580,000
  • $580,000
58 W MAIN ST, Grantsville, UT 84029
For Sale

58 W MAIN ST, Grantsville, UT 84029

58 W MAIN ST, Grantsville, UT 84029
  • $580,000
  • $580,000

Overview

Property ID: HZ470036
  • Commercial Sale
  • Property Type
  • 1963
  • Year Built

Description

Turn Key 7.7% CAP RATE investment opportunity! This is your chance to buy a great investment property and a piece of history in one of the fastest growing areas of Utah. This is an iconic building on Grantsville main street with tons of history that has been restored and upgraded to modern standards. Single Tenant, Stand alone restaurant building with Triple Net Lease. Great local operators who are well immersed in the community and heavily vested in the improvements of the real estate. Multiple six figure, fully permitted remodel of entire building and site was finished in 2022. Updates included all major aspects of the utilities, new electrical, plumbing, HVAC, upgraded framing, insulation, windows, doors, a newly built addition to include walk in refrigeration, and newly poured cement and parking areas. Could be great for a 1031 exchange or simply a turn key investment for someone looking for steady cashflow. This listing is for the REAL ESTATE ONLY. DO NOT DISTURB TENANTS. 2975 sq ft Main Floor with 1753 sq ft currently unused/storage in the basement. Square footage figures are provided as a courtesy estimate only and were obtained from County Records . Buyer is advised to obtain an independent measurement. OWNER AGENT

  • Address 58 W MAIN ST
  • City Grantsville
  • State/county UT
  • Zip/Postal Code 84029
  • Country United States

Details

Updated on April 5, 2024 at 3:27 pm
  • Property ID: HZ470036
  • Price: $580,000
  • Land Area: 0.34 Acres
  • Year Built: 1963
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: 1872625
  • Office Name: REAL ESTATE ESSENTIALS
  • Agent Name: Christion Sadler
  • MLS Status: Active

Additional details

  • Roof: Rubber
  • Tax Annual: 2372
  • Flooring: Carpet
  • County: Tooele
  • Property SubType: Retail
  • Accessibility Features: Fully Accessible

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