62 W State ST, Hurricane, UT 84737 (MLS# 21-228184)

62 W State ST, Hurricane, UT 84737

$875,000
Property Type: Commercial Square Footage: 6,541 Lot Size (sq. ft.): 14,810 Status: Closed
Current Price: $875,000 List Date: 12/15/2021 Last Modified: 9/24/2024

Description

Profoma Cap Rate of 7.1% return at $1/SF NNN lease rate. Average Daily Traffic count well over 37,000 Vehicles and increasing every year. Centrally located, fully leased, five (5) Unit Retail Plaza in the heart of downtown Hurricane City for Sale! Plaza has great access & visibility off SR-9. Adjacent to Wells Fargo & across the street from Heritage Park. Location is near the turn off to

Supplements: Lake Powell and before the turn off to Zion's National Park- perfectly positioned to take advantage of busy road. Current tenants include a restaurant, physical therapist, massage unit, barbershop, and retail store. Property also includes two storage units that are leased out to tenants. Buyer to verify all information, deemed reliable, however buyer to verify all info including utilities & HOA information if applicable. The listing Broker's offer of compensation is made only to participants of the MLS where the listing is filed.

More Information MLS# 21-228184

Contract Info

Offering Type: Sale List Price: $875,000 Current Price: $875,000 List Price/SqFt: 133.77 Cap Rate: 7.1 Listing Date: 2021-12-14 Short Sale Status: No

Location Tax Legal

Geo Lat: 37.176854 Geo Lon: -113.289266 House Number: 62 Street Direction Pfx: W Street Name: State Street Suffix: ST MLS Area: Hurricane Valley State/Province: UT Postal Code: 84737 County: Washington Tax ID: H-153-A-1-A

General Property Info

Listing Class: Other - See Remarks Realtor.com: Commercial Lot Acres: 0.34 Total SqFt: 6541 Available SqFt: 14810 # Levels: 1 Year Built: 1947

Status Change Info

Sold Date: 2022-04-21 Under Contract Date: 2022-04-14 Status: Closed Sold Price/SqFt: 122.31

Property Features

Type of Property: Commercial; Office; Office Central Bus Dist; Retail; Retail Financial; Retail Free Standing; Retail Restaurant; Retail Unanchored Strip Cntr; Other - See Remarks Site Description: Tenant Occupied Construction: Block; Stucco; Wood Frame Showing Instructions: Call Listing Agent Zoning: Commercial Terms of Sale: Submit Any Offer
Listing Office: RE/MAX ASSOCIATES SO UTAH
Last Updated: September - 24 - 2024
Information deemed reliable but not guaranteed.