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In-PersonVirtual Tour
$ 995,000
Est. payment | /mo
4,791 Sqft Lot
$ 995,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2088765
Construction Status Blt./Standing
HOA Y/N No
Year Built 1929
Annual Tax Amount $6,336
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 0.0x0.0x0.0
Property Sub-Type Retail
Property Description
6.8% CAP RATE. Prime Provo Center Street Commercial Property. Fully leased 5,702 SF commercial building in downtown Provo producing $67,571 in annual net income. The restaurant occupies 2,700 SF under a lease through July 2029, generating $43,571 in annual net income. The rear 2,500 SF is leased to a church tenant through February 2029, generating $24,000 in annual gross income. Ideal for an investor seeking stable, dual-tenant income or an owner-user positioning for future occupancy. Businesses are not for sale. Do not disturb tenants. All showings by appointment only. Multiple buildings available for sale and lease nearby. Contact agent for full details.
Location
State UT
County Utah
Area Provo; Mamth; Springville
Interior
Fireplace No
Exterior
View Y/N No
Present Use Commercial,Industrial,Retail,Office
Private Pool No
Building
Faces North
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 04-059-0020
Virtual Tour https://my.matterport.com/show/?m=H5T4Xvi1Tty&brand=0&mls=1&
Listed by KW Westfield (Excellence)
Nearby Locations
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