$850,000
51 S MAIN Nephi, UT 84648
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$850,000
Est. payment /mo
3,920 Sqft Lot
Active
51 S MAIN Nephi, UT 84648
UPDATED:
10/18/2024 01:28 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2029824
Construction Status Blt./Standing
HOA Y/N No
Year Built 1893
Annual Tax Amount $1,948
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.0x0.0x0.0
Property Description
Prime mixed-use building in the heart of downtown Nephi with exceptional income potential! This versatile property offers multiple opportunities for commercial and residential use. COMMERCIAL SPACE: Situated on the main floor with large street-facing windows on Main Street, this storefront is ideal for a business setup. It features a private bathroom and includes storage or office space. Adjacent to the storefront is an addition commercial space with its own exterior entrance and bathroom, which can either be integrated with the storefront or kept separate for added flexibility. RESIDENTIAL UNITS: Apartment 1: Located on the main floor, this 1-bedroom apartment has a private entrance at the back of the building with a dedicated parking spot. It includes washer/dryer hookups and a spacious bedroom. Apartment 2: On the upper floor, this unit offers an open-concept kitchen, combined living/bedroom area, separate laundry room, and attic storage. It's accessible via stairs or a stair lift, providing convenience for all. Additional Features: The property has both Main Street and alley access, making it highly convenient for tenants and customers. With options for commercial and residential rentals, this building offers significant income potential, whether you rent out all four spaces or create a live/work environment. The seller has made numerous updates, ensuring the property is well-maintained and move-in ready. This is the perfect investment opportunity for those seeking a multi-use property in a prime location!
Location
State UT
County Juab
Area Nephi
Interior
Fireplace No
Exterior
Waterfront No
View Y/N No
Present Use Retail
Private Pool false
Building
Faces West
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID XA00-0241-
Listed by The Agency Salt Lake City
TROY MOULTRIE
ASSOCIATE BROKER | UTAH LUXURY REALTOR | License ID: 11195148-AB00
+1(435) 327-5545 | troy@utahluxteam.com