About 1155 N Main St
Valuable investment-grade retail property, well-maintained by current owner, fully-leased with 7 tenants. Hard to find investment property. Pylon sign in front. Corner lot. High traffic volume and close to numerous commercial shops including Layton Hills Mall. Cap Rate of 6% at offering price (based on 2023 income/expense actuals). Cap Rate of 6.96% at offering price on 2024 income (based on rent roll/leases) and estimated expenses (based on average of past 5 years). Please contact AGENT with questions, requests for financials, and requests to view the property. Prospective buyers must submit proof of funds (and preapproval letter if obtaining a loan for purchase) before a full tour (interior and exterior) of the property will be allowed and scheduled. Interested parties may view the exterior (only) of the property without appointment - PLEASE DO NOT DISTURB TENANTS.
Features of 1155 N Main St
| MLS® # | 12304079 |
|---|---|
| Price | $2,000,000 |
| Square Footage | 11,142 |
| Acres | 0.77 |
| Year Built | 1999 |
| Type | Commercial Sale |
| Style | One Story |
| Status | Active |
Community Information
| Address | 1155 N Main St |
|---|---|
| Area | 58 - Wasatch Front (Ogden, Salt Lake City) |
| City | Layton |
| County | Davis |
| State | UT |
| Zip Code | 84041 |
Amenities
| Utilities | Phone Available, Cable Available, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Natural Gas - Separate |
|---|---|
| Features | Easy Highway Access, Handicap Access, High Traffic Count, High Visibility, Restrooms - Private |
| Parking Spaces | 40 |
| Parking | Common |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior | Block, Brick Veneer |
|---|---|
| Roof | Asphalt, Shingle |
| Construction | Complete |
| Foundation | Block, Concrete Slab |
Additional Information
| Date Listed | November 13th, 2023 |
|---|---|
| Days on Market | 167 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Engel & Volkers Park City |
|---|