For Sale
$1,595,000

565 Main StSpringville, UT 84663

High-yield flex space, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully leased flex space property at 565 N Main St, Springville, UT 84663. Priced at $1,595,000, it boasts a compelling 5.50% cap rate. The property, zoned for community commercial use, comprises a single building situated on a large lot, offering significant potential for future expansion. Currently, the existing structure occupies only a fifth of the total acreage, presenting ample space for additional construction and development. Its strategic location provides easy access to I-15 (within five minutes) and the Inland Port of Salt Lake City (approximately 45 minutes), making it ideal for businesses requiring efficient shipping and logistics. The Main Street frontage ensures high visibility and convenient access for customers. Recent improvements include a new roof (2022) and the addition of a dock-high door (2021), enhancing functionality and appeal. A fenced side yard provides additional security and storage space. This property represents a rare blend of immediate income generation and substantial long-term growth potential in a thriving Utah County community. The property includes one loading dock.

Highlights

  • $1,595,000 asking price for a flex space property in Springville, UT.
  • 5.50% cap rate.
  • Located at 565 N Main St, Springville, UT 84663, in a community commercial zone.
  • Single building with one loading dock.
  • For sale by owner.

Property Details for 565 Main St

Property type
Retail properties, Office properties
Buildings
1

Location Insight

City
Springville
County
Utah
State
Utah
Latitude
40.1742431
Longitude
-111.6110246
565 Main St, Springville, Utah

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565 Main St
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