394 W Main St

    Lehi, UT 84043
    • $1,050,000
    • STATUS: Active
    • ON SITE: 196 days
    • ID#: 1522613
    UPDATED: 66 min ago
    $1,050,000
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1937
    County:

    School Ratings & Info

    Description

    Wonderful Investment Oppurtunity! Newest modern addition was built in 1996 with Main Floor tenant and upper level has 4 rooms and a reception area. New addition is connected to the Old Lehi Hotel that has been renovated inside to fit 8 office spaces along with a their own bathrooms and a waiting room area. There is also a Separate Single Family Home building that can easily been redone into a Professional Office building and faces directly to Main Street. Two Storage Building out back. Beautiful Landscaping all the way around. Also See MLS# 1522609. Seller would prefer to sell both adjoining vacant parcel and this Commercial Buildings together. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement. Tenant Occupied Please do NOT disturb Tenants. Call Listing agent for Information.

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    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. 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. Data last updated: 2018-11-17T15:36:02.147.
    www.actionteamutah.com/homes/83233915

    394 W Main St Lehi, UT 84043

    • Price: $1,050,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 1522613
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    1937
    Built
    Neighborhood:
    Am Fork; Hlnd; Lehi; Saratog.
    County:
    Utah
    Area:
    Am Fork; Hlnd; Lehi; Saratog.
    Property Description
    Wonderful Investment Oppurtunity! Newest modern addition was built in 1996 with Main Floor tenant and upper level has 4 rooms and a reception area. New addition is connected to the Old Lehi Hotel that has been renovated inside to fit 8 office spaces along with a their own bathrooms and a waiting room area. There is also a Separate Single Family Home building that can easily been redone into a Professional Office building and faces directly to Main Street. Two Storage Building out back. Beautiful Landscaping all the way around. Also See MLS# 1522609. Seller would prefer to sell both adjoining vacant parcel and this Commercial Buildings together. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records. Buyer is advised to obtain an independent measurement. Tenant Occupied Please do NOT disturb Tenants. Call Listing agent for Information.
    Exterior Features

    Construction Condition BrickStucco Exterior Features Out BuildingsPaved ParkingSecurity LightingStorage Yard Frontage Facing W Land Condition Additional Land AvailableCorner LotCurb And GutterFenced: PartLandscaping: FullMature TreesNatural GrassPavedTerrain: FlatView: Mountain 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 Asphalt Shingles Uncovered Parking Percentage 26

    Interior Features

    Air Conditioning Central Air: Electric Floor Coverings CarpetTile Heating Features Forced Air Interior Features KitchenRestroom: PrivateRestroom: Public Office Sq Ft Main Floor 6420 Office Sq Ft Maximum For Lease 7734 Office Sq Ft Minimum For Lease 7734 Office Sq Ft Second Floor 1314 Windows BlindsDraperiesShades

    Property Features

    Business Name On File Capitalization Rate 8.15 Commercial Property Type RetailOffice Culinary Water Connected Customer Visibility Road TrafficWalk-In Traffic Exclusions Equipment/MachineryFixturesFurnitureFranchiseGood WillInventorySuppliesTrade NameWater Shares Gross Scheduled Income 104700 Inclusions Real Estate Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 85614 Owner Type Property Owner Possession Funding Roads AsphaltCurb And GutterMore Than 1 AccessRoad: PavedSidewalk Sewer Connected Site Owner OccupiedTenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 4509 Telecommunications Broadband Cable Terms CashConventionalSbaSeller Finance First Utilities 120/240 V 1 PhaseGas: NaturalPaid By Landlord Zoning Commercial Zoning Code Comm

    Listing provided courtesy of Presidio Real Estate Company. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. 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. Data last updated: 2018-11-17T15:36:02.147.
     
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