‹ Back to results $895,000 92 S Main St, Richfield, UT · 8,540 sqft · 0.27 ac See this home
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For sale MLS# 2145723 · 215 days on the market

$895,000

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92 S Main St, Richfield, UT 84701

8,540sqft
0.27acres
1918built
$105per sqft

About this home

Commercial Investment Property Richfield Main Street Positioned on Richfield's Main Street, this commercial building offers immediate income with clear upside potential. The property contains 5,891 sq. ft. of above-grade commercial space and an additional 1,240 sq. ft. of unfinished basement area, providing future expansion or storage opportunities (buyer to verify permitted use). The building is divided into five commercial units, with three currently occupied by stable, long-term tenants, creating in-place cash flow. Two vacant units allow a new owner to implement a lease-up strategy and increase overall rental income. With prominent Main Street frontage, the property benefits from high visibility, steady downtown traffic, and consistent demand for small commercial spaces. 1240 Sq ft in the back part of building plus unfinished basement represents further value-add potential. This asset is well suited for an investor seeking to improve returns through increased occupancy, potential reconfiguration of space, and operational efficiencies.

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

$5,451per month, estimated
Principal & interest
$4,960
Property tax
$381
Home insurance
$110

10% down ($89,500), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.

Details

Lot
0.27 acres
Heating
Natural Gas
Cooling
Central Air
Flooring
Laminate
Roof
Asphalt, Pitched
County
Sevier
See all 9 details
Faces
East
Zoning
Commercial
Terms
Cash, Conventional, SBA
  • Basement
  • Paved Parking
  • Gas: Natural
  • Separate Meter: Gas
  • Separate Meter: Elec.

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