For Sale
$724,000

41 100Richfield, UT 84701

Prime Richfield location, 10 suites, high occupancy.

Overview

Added:
Feb 3
Days on market:
60
This exceptional commercial property in Richfield, Utah, presents a lucrative investment opportunity. Located on 100 East, this well-maintained complex boasts ten versatile suites, currently 90% occupied, offering immediate income generation. Each suite can function independently or be combined for larger operations, providing flexibility for various business needs. The property sits on a 0.46-acre lot and features recently updated infrastructure, including a newer roof and two brand-new HVAC units, ensuring minimal maintenance and operational costs. The interior has undergone recent remodeling, enhancing its modern appeal. Public restrooms are conveniently located within the complex. A key advantage is the current rental rates, which are below market average, presenting a significant opportunity to increase revenue. This property is ideal for investors seeking a strong return on investment or business owners looking to expand their operations in a prime Richfield location. The high occupancy rate and flexible leasing options make this a truly exceptional commercial offering. The property's excellent condition and strategic location combine to create a compelling investment prospect.

Property Details for 41 100

Property type
Office properties
Lot Size (sq. ft)
20,038 SF

Location Insight

City
Richfield
County
Sevier
State
Utah
Latitude
38.76751
Longitude
-112.0827
41 100, Richfield, Utah

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41 100
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