205 N Main St W

    Tooele, UT 84074
    • $4,895,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 1659182
    UPDATED: 19 min ago
    $4,895,000
    • 0
      BEDS
    • 2.75
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1969
    County:

    School Ratings & Info

    Description

    Highly Visible and well trafficked Multi-tenant Retail strip on 2.75 acres with pad. Opportunity Zone Asset. Sale includes 205 through 245 N Main St, Parcels: 02-036-0-0033 and 02-036-0-0032. Brand new roof over main portions of the building. Substantial capital improvements to North Center over the past several years. Value add opportunity on south center and development on the pad. At 100% occupancy Gross Scheduled Income projected at $429K, and Net Operating income at $330K. Do not disturb Tenants. Contact agent for more details. Buyer to verify all.

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    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-04-01T06:36:07.81. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
    www.bigkeyrealestate.com/homes/103928293

    205 N Main St W Tooele, UT 84074

    • Price: $4,895,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: 1659182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.75
    Acres
    1969
    Built
    Neighborhood:
    Grantsville; Tooele; Erda; Stanp
    County:
    Tooele
    Area:
    Grantsville; Tooele; Erda; Stanp
    Property Description
    Highly Visible and well trafficked Multi-tenant Retail strip on 2.75 acres with pad. Opportunity Zone Asset. Sale includes 205 through 245 N Main St, Parcels: 02-036-0-0033 and 02-036-0-0032. Brand new roof over main portions of the building. Substantial capital improvements to North Center over the past several years. Value add opportunity on south center and development on the pad. At 100% occupancy Gross Scheduled Income projected at $429K, and Net Operating income at $330K. Do not disturb Tenants. Contact agent for more details. Buyer to verify all.
    Exterior Features

    Construction Condition Block Frontage Facing E Land Condition Landscaping: FullPavedSprinkler: Auto-FullTerrain: Flat Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Roof Features See RemarksRubber (Epdm)

    Interior Features

    Air Conditioning Central Air: Electric Floor Coverings CarpetTileConcrete Heating Features Forced AirGas: Natural

    Property Features

    Capitalization Rate 6.70 Commercial Property Type RetailOffice Culinary Water Connected Customer Visibility Road TrafficWalk-In Traffic Gross Scheduled Income 429384 Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 330000 Owner Type Property Owner Roads AsphaltCurb And GutterRoad: Paved Sewer Connected Site Tenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 28912 Terms CashCommercial Fin. Req. Utilities Separate Meter: GasSeparate Meter: Elec. Zoning Commercial

    Listing provided courtesy of Investment Realty Advisors Llc. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2020 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2020-04-01T06:36:07.81. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
     
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    Draper UT, 84020