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1008-1032 W 700 S - 1024 W 700 S

2,400 SF Retail Condo Unit Offered at $955,042 CAD in Pleasant Grove, UT 84062

Property Facts

Price $955,042 CAD
Unit Size 2,400 SF
No. Units 1
Total Building Size 22,000 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • General Retail Storefront Retail/Office
  • Office Industrial Live Work Unit
Sale Type Investment or Owner User
Building Class B
Floors 3
Typical Floor Size 8,086 SF
Year Built 2014
Lot Size 0.57 AC
Sale Conditions 1031 Exchange

1 Unit Available

Unit 1

Unit Size 2,400 SF
Price $955,042 CAD
Price Per SF $397.93 CAD
Condo Use Retail
Sale Type Investment or Owner User
Cap Rate 4.82%
NOI $46,045.41 CAD
Sale Conditions 1031 Exchange
Description

Mixed use property. 400 sqft of the ground level is commercial retail space. Above is 2,000 sqft 3 bed 2.5 bath townhome with a 2 car garage (garage located on ground level behind commercial space). This is a very rare property that can be financed with traditional financing (Conventional, FHA, VA 30 year mortgage). Call for details! He has been renting out townhome for $2,200 a month but it is currently vacant right now. Tenant in commercial space has been paying $875 a month, rent will be raised to $1,000 on a month to month contract until sale. If owner ends up keeping property commercial rent will be raised to $1200 a month.

Sale Notes

Mixed use property. 400 sqft of the ground level is commercial retail space. Above is 2,000 sqft 3 bed 2.5 bath townhome with a 2 car garage (garage located on ground level behind commercial space). This is a very rare property that can be financed with traditional financing (Conventional, FHA, VA 30 year mortgage). Call for details! He has been renting out townhome for $2,200 a month but it is currently vacant right now. Tenant in commercial space has been paying $875 a month, rent will be raised to $1,000 on a month to month contract until sale. If owner ends up keeping property commercial rent will be raised to $1200 a month.

Amenities

  • Smoke Detector

Nearby Major Retailers

Cafe Rio
Dutch Bros
Starbucks
Costa Vida Fresh Mexican Grill
America First Credit Union
Mo’Bettahs
Everbowl
Beans & Brews Coffee House
Diamond Rental
Smith's

zoning

Zoning Code R
R
  • Listing ID: 31557396

  • Date on Market: 2024-04-10

  • Last Updated:

  • Address: 1008-1032 W 700 S, Pleasant Grove, UT 84062

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