149 N Bear Lake Blvd, Garden City
$2,000,000
MLS® # 1880995
Penilee Stevens Recreation Realty, P.C. 435-946-2980
1155 N Main St, Layton
$2,000,000
0 Bed
0 Bath
.77 Acre
0 Garage
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.
Essential Information
MLS® #1967332
Price$2,000,000
Bathrooms0.00
Acres0.77
Year Built1999
TypeCommercial Sale
Sub-TypeRetail
StatusActive
Community Information
Address1155 N Main St
CityLayton
CountyDavis
StateUT
Zip Code84041
Area
Kaysville; Fruit Heights; Layton
Additional Information
Date ListedNovember 13th, 2023
Days on Market166
Listing Details
AgentJeff R. Mathews
OfficeEngel & Volkers Park City
Property History
Price Reduced from $2,100,000 to $2,000,000
Price Reduced from $2,200,000 to $2,100,000
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