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.