220 Main StTooele, UT 84074

Property Details for 220 Main St

Lot size

0.15 AC

Property type

Other commercial real estate

APN

02-035-0-0004

APU

203500004

Description

This exceptional 0.63-acre commercial property in Tooele, Utah, presents a unique investment opportunity. Situated at 220 South Main Street, this land boasts 77 feet of frontage and a depth of 356 feet, offering significant development potential. The property is zoned for Mixed Use, allowing for a variety of commercial and residential applications, including compatible businesses, professional offices, and limited commercial uses. Its strategic location across from established businesses like Taco Time and Arby's ensures high visibility and accessibility. The high traffic count on Main Street, with an ADT of 15,873 (2020), further enhances its commercial viability. The asking price is $750,000, translating to a land value of $27.33 per square foot. This offering includes the potential for developing three townhouse lots (1500-1800 sq ft units each, priced at $90,000 per unit) along 50 West, and a separate lot along Main Street suitable for a 5,800 sq ft retail or office building, priced at $250,000. The total buildable square footage across all potential developments is 27,443 square feet. This property is ideally suited for developers or investors seeking a high-traffic, mixed-use location in a growing Utah community. The address is 220 S Main St, Tooele, UT 84074.

• Alternative Use

  Use

  Valuation

  Residential

  $1,975,807

  Hospitality

  $1,809,828

  Educational

  $1,505,756

  Medical

  $1,557,541

  Retail

  $2,342,287

Location Insight

City

Tooele

County

Tooele

State

Utah

Latitude

40.5347

Longitude

-112.298

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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