11 Main StSalina, UT 84654

Property Details for 11 Main St

Lot size

0.08 AC

Property type

Retail space

APN

1-S18-16

APU

1S1816

Description

This exceptional 7,350 square foot property, located at 11 E Main St in Salina, Utah, presents a unique investment opportunity. Built in 1936, this two-story building boasts a versatile layout ideal for office or retail use. The main level offers approximately 6,000 square feet of adaptable space, complemented by a 1,350 square foot basement perfect for storage or additional workspace. Features include tall ceilings, wood floors, ample natural light from large front windows, updated electrical and plumbing systems, and a newer roof. A convenient restroom is also available. Situated on a 0.14-acre lot, this property benefits from its high-traffic Main Street location in Sevier County, Utah, zip code 84654. The building's strong infrastructure and prime location make it an attractive prospect for a variety of businesses seeking a well-maintained and spacious commercial space. Asking price is $349,900.

• CAP approach

  CAP return

  Valuation

  6%

  $1,372,650

  6.5%

  $1,267,061

  7%

  $1,176,557

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,759,514

  Geo Method

  $1,759,514

• Alternative Use

  Use

  Valuation

  Residential

  $1,068,814

  Hospitality

  $979,027

  Educational

  $814,539

  Medical

  $842,553

  Retail

  $1,267,061

Location Insight

City

Salina

County

Sevier

State

Utah

Latitude

38.9578

Longitude

-111.86

Property Tax & Assessments

FAQs

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