244 N Main St
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244 N Main St
5,819 SF 45% Leased Retail Building Spanish Fork, UT 84660 $1,450,000 ($249/SF)
Investment Highlights
- Prime Main Street location with 15 private parking stalls
- 1,300 SF rear warehouse for shipping and receiving included in availability
- 37,000 AADT
- 3,200 SF available for owner-user or lease-up
- In place rent from storefront tenant, Preloved ($4,300/month NNN, exp. Nov. 2026)
- 27' building height and crown signage permitted
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $51,600 | $8.87 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $51,600 | $8.87 |
Net Operating Income | - | - |
Financial Summary (Actual - 2023)
Gross Rental Income | |
---|---|
Annual | $51,600 |
Annual Per SF | $8.87 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $51,600 |
Annual Per SF | $8.87 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,819 SF
Building Class
C
Year Built/Renovated
1997/2023
Price
$1,450,000
Price Per SF
$249
Percent Leased
45%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.43
Land Acres
0.31 AC
Zoning
C - Commercial
Parking
15 Spaces (2.58 Spaces per 1,000 SF Leased)
Frontage
32 FT on Main Street
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Air Conditioning
Walk Score ®
Very Walkable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 07-068-0011 | Improvements Assessment | $0 (2024) |
Land Assessment | $0 (2024) | Total Assessment | $769,200 (2024) |
PROPERTY TAXES
Parcel Number
07-068-0011
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$769,200 (2024)
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244 N Main St
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