475 Main StVernal, UT 84078

  • Drive through restaurants
For Sale
$1,200,000 View listing

Property Details for 475 Main St

Property type
Drive through restaurants
APN
05:027:0083
APU
50270083

Description

This exceptional restaurant property presents a lucrative investment opportunity in Vernal, Utah. Located at 475 W Main St, this 3,770 square foot establishment sits on a 0.84-acre lot (APN: 05 027 0083 & 0084) and is zoned CC1 (Central Commercial Zone). Built in 1977 and renovated in 1993, the property boasts excellent visibility and accessibility, situated at a signalized intersection on Main Street, a high-traffic thoroughfare with over 25,000 vehicles daily. Ample parking is available with approximately 54 spaces. The property is currently 100% occupied as a restaurant, but can be delivered vacant upon request. The asking price is $1,200,000, translating to $318.30 per square foot. This prime location benefits from proximity to major retailers such as Davis Food & Drug, Basin Sports, Ace Hardware, and Family Dollar, and is less than half a mile from Ashley Regional Medical Center. This turnkey operation offers significant potential for immediate income generation or redevelopment within a thriving commercial district. The property's strong location and high visibility make it an ideal investment for both experienced restaurateurs and savvy real estate investors.

Location Insight

City
Vernal
County
Uintah
State
Utah
Latitude
40.4551
Longitude
-109.538
CBSA code
46860
CBSA name
VERNAL, UT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,472
$240,430
$345,328
$585,758
-
$240,430
$345,328
$585,758

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