195 Main StSalina, UT 84654

Property Details for 195 Main St

Lot size

0.45 AC

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

1-S28-81

APU

1S2881

Description

This exceptional 2,400 square foot retail building is located at 195 West Main Street in Salina, Utah, within Sevier County, zip code 84654. Situated on a 0.45-acre lot, the property is zoned Commercial (C-2). The building is being sold "as-is" with a deed restriction prohibiting the use of the property as a fuel station or convenience store. This restriction is in place due to the previous use of the property, and the seller, Maverik, will remove existing fuel tanks and provide a "no further action" letter to the buyer, ensuring a clean transfer of ownership. The building presents a unique opportunity for a variety of retail businesses, excluding those directly competing with convenience stores or gas stations. The property's location on West Main Street offers excellent visibility and accessibility. Interested parties should contact the listing agent for pricing and further details. This is a remarkable chance to acquire a well-situated retail space in a thriving Utah community. The sale includes the building only

• CAP approach

  CAP return

  Valuation

  6%

  $7,720,711

  6.5%

  $7,126,810

  7%

  $6,617,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,896,697

  Geo Method

  $9,896,697

• Alternative Use

  Use

  Valuation

  Residential

  $6,011,731

  Hospitality

  $5,506,713

  Educational

  $4,581,520

  Medical

  $4,739,086

  Retail

  $7,126,810

Location Insight

City

Salina

County

Sevier

State

Utah

Latitude

38.9573

Longitude

-111.863

Property Tax & Assessments

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