7711 Main St
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7711 Main St
7,000 SF Retail Building Midvale, UT 84047 $1,700,000 ($243/SF)
Investment Highlights
- 7,000 sf. Historic Bldg. 3 Levels - Flexible Uses - Theater & Concert Hall - Offices - Rehearsal Rooms Full Stage Control Room on 2nd Level
- Full Kitchen on Main floor with commerical sink and floor drains abutting concession area
- Liquor and Beer License available
- Located on Historic Midvale Main St. with RDA and CDA grants, incentives available for building improvements
- 2 Blocks West of I-15 freeway at the Junction of Historic Main St. and Center St.
- Located in Federal Opportunity zone, & Midvale City RDA & CDA zones
Executive Summary
The Midvale Theater building can host a wide variety of performing arts, public and private events, concerts, movies and more with full box office, kitchen and concession area.
The building also and has 3rd level office space that can operate separately from the theatre.
The building could also be repurposed for a wide variety of uses.Located at the junction of historic Midvale Main Street and Center St. just 2 blocks West of I-15 and in the Federal Opportunity zone and Midvale City RDA area. Buildings in this area also qualify for the Main Street Façade Improvement Program.
Midvale Historic Main St. RDA area will see massive redevelopment, re-purposing and growth over the next few years and is an excellent option for real estate investment and development in the Salt Lake Valley.
City RDA money is being heavily allocated to this area, for building improvements, renovations, mixed use development and apartments, and off- street parking structures for public use.
Four mixed use apartment projects are currently under construction or planned for the Midvale Historic Main St. with over 112 residential units being built with commercial tenant space available on ground level.
Midvale City Hall and Senior Center are within short walking distance.
Full Building Matterport 3D floor plans available on request.
Please contact Camron Carpenter with questions, or to set a tour time.
The building also and has 3rd level office space that can operate separately from the theatre.
The building could also be repurposed for a wide variety of uses.Located at the junction of historic Midvale Main Street and Center St. just 2 blocks West of I-15 and in the Federal Opportunity zone and Midvale City RDA area. Buildings in this area also qualify for the Main Street Façade Improvement Program.
Midvale Historic Main St. RDA area will see massive redevelopment, re-purposing and growth over the next few years and is an excellent option for real estate investment and development in the Salt Lake Valley.
City RDA money is being heavily allocated to this area, for building improvements, renovations, mixed use development and apartments, and off- street parking structures for public use.
Four mixed use apartment projects are currently under construction or planned for the Midvale Historic Main St. with over 112 residential units being built with commercial tenant space available on ground level.
Midvale City Hall and Senior Center are within short walking distance.
Full Building Matterport 3D floor plans available on request.
Please contact Camron Carpenter with questions, or to set a tour time.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
1938
Price
$1,700,000
Price Per SF
$243
Tenancy
Single
Building Height
3 Stories
Building FAR
1.07
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
2000 - HC (Historical Commercial)
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 21-25-353-010-0000 | Improvements Assessment | $324,300 |
| Land Assessment | $96,200 | Total Assessment | $420,500 |
PROPERTY TAXES
Parcel Number
21-25-353-010-0000
Land Assessment
$96,200
Improvements Assessment
$324,300
Total Assessment
$420,500
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