Prime commercial building with auto shop and three income-producing tenants. It sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed at other sites. Three spaces currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25%, depending on buyer structure and if the business is acquired alongside the
Property
Details
Total Area
7450
Total Bedrooms
N/A
Total Bathrooms
0.0
Year Built
2001
Property Type
D / Other - See Remarks
Subdivision
N/A
List Office Name
KW Ascend Keller Williams Realty
Listing Agent
DAVID BUSK
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MLS ID# 25-267148
At 1075 S 75 E Richfield UT - 84701