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1155 N Main Street

Layton, UT 84041
  • $2,000,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 12304079
Price Reduced
UPDATED: 48 min ago
$2,000,000
  • 0
    BEDS
  • 0.77
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,142
    SQFT
  • $180
    $/SQFT
Type:
Commercial
Built:
1999
County:

School Ratings & Info

Description

Valuable investment-grade retail property, well-maintained by current owner, fully-leased with 7 tenants. Hard to find investment property. Pylon sign in front. Corner lot. High traffic volume and close to numerous commercial shops including Layton Hills Mall. Cap Rate of 6% at offering price (based on 2023 income/expense actuals). Cap Rate of 6.96% at offering price on 2024 income (based on rent roll/leases) and estimated expenses (based on average of past 5 years). Please contact AGENT with questions, requests for financials, and requests to view the property. Prospective buyers must submit proof of funds (and preapproval letter if obtaining a loan for purchase) before a full tour (interior and exterior) of the property will be allowed and scheduled. Interested parties may view the exterior (only) of the property without appointment - PLEASE DO NOT DISTURB TENANTS.

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Listing information © 2024 Park City Board of Realtors®. 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data Last Updated 2024-02-24T16:05:40.98.

www.hcprealestate.com/homes/145226865
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1155 N Main Street Layton, UT 84041

  • Price: $2,000,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 48 min ago
  • MLS #: 12304079
0
Beds
0
Baths
0
½ Baths
0.77
Acres
11,142
SQFT
$180
$/SQFT
1999
Built
Neighborhood:
58 - Wasatch Front (Ogden, Salt Lake City)
County:
Davis
Area:
58 - Wasatch Front (Ogden, Salt Lake City)
Property Description
Valuable investment-grade retail property, well-maintained by current owner, fully-leased with 7 tenants. Hard to find investment property. Pylon sign in front. Corner lot. High traffic volume and close to numerous commercial shops including Layton Hills Mall. Cap Rate of 6% at offering price (based on 2023 income/expense actuals). Cap Rate of 6.96% at offering price on 2024 income (based on rent roll/leases) and estimated expenses (based on average of past 5 years). Please contact AGENT with questions, requests for financials, and requests to view the property. Prospective buyers must submit proof of funds (and preapproval letter if obtaining a loan for purchase) before a full tour (interior and exterior) of the property will be allowed and scheduled. Interested parties may view the exterior (only) of the property without appointment - PLEASE DO NOT DISTURB TENANTS.
Exterior Features

Building Style One Story Construction New No Exterior BlockBrick Veneer Foundation BlockSlab Parking Spaces Assigned Number 1 Parking Type Common Parking Type Parking Spaces 40 Pc Soil Ordinance No Roof AsphaltShingle

Interior Features

Apx Sqft Warehouse Space 11142.00 Cooling Central Air Heating Forced Air Utilities Cable AvailableElectricity ConnectedPhone AvailableNatural Gas ConnectedNatural Gas - SeparateHigh Speed Internet Available

Property Features

Apx Taxes 19126.00 Building Name CLA Business Type Retail Construction Status Complete Disability Features Accessible Approach with RampADA Accessible Features Easy Highway AccessRestrooms - PrivateHigh VisibilityHigh Traffic CountHandicap Access Geographic Area Outside of Summit and Wasatch Counties Included In Cam Common Area MaintenanceTrashSnow RemovalMaint/Repairs ExteriorJanitorial Services Major Area Wasatch Front Own Land Pays InsuranceTaxes Sale Includes BuildingLand Sewage Public Sewer Short Sale No Tax Year 2023 Terms Offered 1031 ExchangeCashConventional Transportation Curb & GutterRoad - PavedSidewalk Water Public

Listing provided by Engel & Voelkers Park City: (435) 850-7000.
The multiple listing information is provided by Park City Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Park City Board of Realtors®, All Rights Reserved. Access to the multiple listing service through this website is made available by High Country Properties as a member of the Park City Board of Realtors® multiple listing service.


Listing information © 2024 Park City Board of Realtors®. 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data Last Updated 2024-02-24T16:05:40.98.

 
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Park City Ut, 84098