1081 E 700 S, St George, UT 84790
$1,400,000
Property Type:
Commercial
Square Footage:
1,180
Lot Size (sq. ft.):
20,909
Status:
Active
Current Price:
$1,400,000
List Date:
5/15/2024
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# 24-251024
Contract Info
Offering Type: Sale
List Price: $1,400,000
Current Price: $1,400,000
List Price/SqFt: 1186.44
Cap Rate: 7
Lease Price: 8167
Lease Price/Annual: 98000
Lse Prc Mnth P/SqFt: 6.92
Lease Price Per: Month
Lease Type: MG
CAM Rate Per: Month
Property Tax Rate: 0.0067
Property Tax Rate Per: Month
Listing Date: 2024-05-14
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.096539
Geo Lon: -113.560432
House Number: 1081
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: 1 POR LOT 1 SGCS-B-1 DESC AS FOL: BEG S1*35'02'' W
120.00 FT ALG W L/L FM NW COR LOT 1 PLAT B BLK 1 SGCS; TH S88*24'
Tax ID: SG-741-B-1-A
Total Taxes: 3113.5
Tax Year: 2023
General Property Info
Listing Class: Office
Realtor.com: Commercial
Lot Acres: 0.48
Total SqFt: 1180
Available SqFt: 1180
# Levels: 1
Year Built: 1997
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
Property Features
Type of Property: Commercial; Mixed Use; Retail Vehicle Related
Site Description: Owner Occupied; Tenant Occupied
Construction: Block; Brick; Stucco
Showing Instructions: Call Listing Agent
Zoning: Commercial; Mixed Zoning
Terms of Sale: Exchange
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.