Under contract MLS# 1820566 · 1596 days on the market
$1,550,000
It starts with a call with an agent.
248 W Center, Salem, UT 84653
About this home
Leased for 3 years! Tenant has option to purchase . RETAIL/RESTUARANT Location. Located adjacent to Salem Hills High School and Highway 198 running through Salem., Stan's Drive In, is a a fully operational and operating business complete with improvements and equipment. Building is 4,054 Sq Ft The facility offers both inside sit-down dining or a convenient drive-thru window. Well established client base. Purchase Price includes real estate and equipment/fixtures. Leasing the property is also an option along with a lease with option to purchase. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records . Buyer is advised to obtain an independent measurement.
Written by the listing agent.
Location
Living in Salem
Salem is a city in Utah County, part of the Provo–Orem metropolitan area, first settled in 1851 and originally known as Pond Town.
- 9,298 residents (2020)
- 6 named parks
Monthly payment
- Principal & interest
- $8,589
- Property tax
- $653
- Home insurance
- $110
10% down ($155,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.69 acres
- Heating
- Forced Air, Natural Gas
- Flooring
- Concrete
- Roof
- Metal
- County
- Utah
- Zoning
- Commercial
See all 8 details
- Terms
- Cash, Commercial Fin. Req.
- Lease term
- Month
- Floor Drains
- Cold Storage
- Dishwasher
- Kitchen
- Refrigerator
- Restroom: Public
- Sprinkler System Fire
- 240 V 3 Phase
- Gas: Natural
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Listing courtesy of Charles Wixom Realty / Charles T Wixom. Based on information from UtahRealEstate.com as of 10/1/2026 9:12 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy.