21 Main StVernal, UT 84078

Property Details for 21 Main St

Lot size

0.16 AC

Property type

Other retail properties

Property subtype

Retail properties

Description

This exceptional investment opportunity presents a three-unit commercial property ideally situated in the heart of Vernal, Utah. The property boasts a total land area of 0.16 acres and encompasses a mix of retail and office spaces, making it an attractive proposition for diverse investors. Currently, two of the three units are occupied by tenants under existing lease agreements, providing immediate and consistent rental income. This translates to a stable cash flow stream from day one, minimizing vacancy risks and maximizing return on investment. The property's central downtown location ensures high visibility and accessibility, attracting a steady stream of potential customers and clients. The building's layout is versatile, allowing for a variety of uses and potential for future expansion or redevelopment, depending on the investor's vision. The asking price of $1,000,000 represents a compelling value in the current market, considering the property's prime location, existing tenancy, and potential for future growth. This is a rare chance to acquire a well-established commercial property in a thriving Utah community. Detailed financial information and lease agreements are available upon request. Serious inquiries only.

Location Insight

City

Vernal

County

Uintah

State

Utah

Latitude

40.456

Longitude

-109.528

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