491 Main StCedar City, UT 84720

  • Other commercial real estate
  • 1.03 AC
For Lease
$12/SF/YR View listing

Property Details for 491 Main St

Lot size
1.03 AC
Property type
Other commercial real estate
APN
B-1005-0000-0000
APU
B100500000000

Description

This exceptional retail opportunity presents a 20,250 square foot, two-story community center located at 491 S Main St, Cedar City, UT 84720. The property, built in 1972, sits on a 0.4-acre lot and is zoned CC. Currently, there is 1,480 square feet of vacant space available within this single-tenant building, ideal for a variety of businesses. Its central location on South Main Street offers excellent visibility and accessibility for customers. The property's convenient location makes it suitable for smaller retail businesses or office spaces. The property's APN is B-1005-0000-0000 and is situated in Iron County. This presents a strong investment opportunity with a lease term minimum of 3-5 years. The property's strategic location and available space make it an attractive option for businesses seeking a prominent presence in Cedar City's thriving commercial district. The building's solid construction and established location provide a stable foundation for future growth and profitability. This is a rare chance to acquire a well-positioned retail property in a desirable Utah market. Serious inquiries are encouraged to explore this promising investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,760,245
    Hospitality
    $12,604,311
    Educational
    $10,486,638
    Medical
    $10,847,290
    Retail
    $16,312,549
491 Main St, Cedar City, Utah

Location Insight

City
Cedar City
County
Iron
State
Utah
Latitude
37.6684
Longitude
-113.061
CBSA code
16260
CBSA name
CEDAR CITY, 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
$6,619
$426,165
$404,235
$830,400
-
$404,237
$426,169
$830,406

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