Description
Rare commercial investment opportunity located in booming Ephraim city. This is a great investment opportunity on a newly constructed commercial building with multiple uses and possibilities as an investment property. Building was designed with multiple uses in mind and can be used for retail, office, or flex office/industrial units. All 5 units currently leased up in the phase 1 building. Sale includes the completed full set of Architecture Plans & drawings for a future phase 2 building, to be built, on the North end of the property. All underground work for the proposed phase 2 building has been completed with all utilities (sewer, water, electric, gas) stubbed up on north end of property, greatly reducing the estimated time to build and the costs associated to construct the phase 2 building. Project will have two entrances into the property, one from 700 N. Street and the other from a future 100 E. road to be completed at a future date. Great investment property with lots of upside for future growth and improvement to the property. Landlord expenses include property taxes, Insurance, and exterior maintenance and utilities. Tenant expenses include all interior utilities and maintenance associated with their leased units.
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0BEDS
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1.41ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Rare commercial investment opportunity located in booming Ephraim city. This is a great investment opportunity on a newly constructed commercial building with multiple uses and possibilities as an investment property. Building was designed with multiple uses in mind and can be used for retail, office, or flex office/industrial units. All 5 units currently leased up in the phase 1 building. Sale includes the completed full set of Architecture Plans & drawings for a future phase 2 building, to be built, on the North end of the property. All underground work for the proposed phase 2 building has been completed with all utilities (sewer, water, electric, gas) stubbed up on north end of property, greatly reducing the estimated time to build and the costs associated to construct the phase 2 building. Project will have two entrances into the property, one from 700 N. Street and the other from a future 100 E. road to be completed at a future date. Great investment property with lots of upside for future growth and improvement to the property. Landlord expenses include property taxes, Insurance, and exterior maintenance and utilities. Tenant expenses include all interior utilities and maintenance associated with their leased units.
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2023-12-03T14:39:27.353. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.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.