‹ Back to results $900,000 1075 S 75 E, Richfield, UT · 7,450 sqft · 0.88 ac See this home
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For sale MLS# 2125212 · 360 days on the market

$900,000

It starts with a call with an agent.

1075 S 75 E, Richfield, UT 84701

7,450sqft
0.88acres
2001built
$121per sqft

About this home

Prime commercial building with auto shop and three income-producing tenants. Located at 1075 S 75 East in Richfield, this 7,450 sq. ft. facility on 0.88 acres sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed in the industrial park. Three small suites currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25 %, depending on buyer structure and whether the business is acquired alongside the property (buyer to verify all financials independently). Mike's Auto Clinic, a respected 35-year business, along with its trained staff, customer base, and approximately $200K in equipment, may be purchased separately. Financials are available with a signed NDA. Seller is willing to assist with transition, making this a strong turnkey owner-operator or investor opportunity. Growth potential includes towing, heavy-equipment/AG repair, fleet services, body/paint, or equipment rental (buyer to verify). List price reflects real estate only; business and equipment are optional.

Written by the listing agent.

Location

Living in Richfield

Richfield is the county seat of Sevier County and the largest city in southern-central Utah, located just off Interstate 70 approximately 40 miles east of its junction with Interstate 15.

  • 8,201 residents (2020)
  • 8 named trails
  • 2 named parks

Read the guide to Richfield ›

Monthly payment

$5,791per month, estimated
Principal & interest
$4,987
Property tax
$694
Home insurance
$110

10% down ($90,000), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot
0.88 acres
Subdivision
RICHFIELD COMMERCIAL CENTER
County
Sevier
Faces
West

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