1069 E 700 S, St George, UT 84790
$4,250,000
Property Type:
Commercial
Square Footage:
6,399
Lot Size (sq. ft.):
36,590
Status:
Active
Current Price:
$4,250,000
List Date:
4/17/2024
Last Modified:
7/03/2024
Description
Rare opportunity to own two adjacent Automotive properties that can be used as owner-user or as an investment.
Service Center property includes: 6399 sqft | .84 acres | 10 service bays | 6 offices | 6 desks | conference room | 5 baths. Tenant on a month-to-month gross lease | 7.0% CAP rate.
Listed for $3,500,000
Adjacent Independent Auto Dealership property consists of 1180 sqft | .48 acres | 5 sales desks | 3 offices | break room | large lot to display car inventory listed for $1,400,000
Total price for both properties is $4,900,000.
Partial seller financing is available.
More Information MLS# 24-250150
Contract Info
Offering Type: Sale
List Price: $4,250,000
Current Price: $4,250,000
List Price/SqFt: 664.17
Cap Rate: 7
Lease Price: 20500
Lease Price/Annual: 246000
Lse Prc Mnth P/SqFt: 3.2
Lease Price Per: Month
Lease Type: Gross
CAM Rate Per: Month
Property Tax Rate: 0.0067
Property Tax Rate Per: $
Listing Date: 2024-04-16
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.096502
Geo Lon: -113.560956
House Number: 1069
Street Direction Pfx: E
Street Name: 700
Street Direction Sfx: S
MLS Area: Greater St. George
State/Province: UT
Postal Code: 84790
County: Washington
Legal: St. George City SUR Plat B Buk 1(SG) Lot 2
Tax ID: 0011687
Total Taxes: 12661.1
Tax Year: 2023
General Property Info
Listing Class: Other - See Remarks
Realtor.com: Commercial
Parking Ratio: 42 plus
Lot Acres: 0.84
Total SqFt: 6399
Available SqFt: 6399
# Levels: 2
Year Built: 2016
Remarks & Misc
Directions: I-15 -> Right on River Rd
Right on 700 South.
Office/Member Info
Variable Rate Comm: 1
Buyer Broker Compensation (BBC): 3
Buyer Broker Comp (BBC) Type: %
Status Change Info
Status: Active
Other Features
Overhead Doors Comments: Automatic
Tenant Imprv Allow Comments: with owners approval
Property Features
Type of Property: Commercial; Office; Retail; Retail Free Standing; Retail Vehicle Related
Other Features: 3 Phase Power
Site Description: Tenant Occupied
Construction: Block; Poured Concrete; Steel
Showing Instructions: Call Listing Agent
Zoning: Commercial
Listing Office: BHHS UTAH PROPERTIES SG
Last Updated: July - 03 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.