51 S MAIN Active

Nephi,UT 84648

$ 850000

2 Beds

4 Baths

3582 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,582 sqft

Price per Sqft $237

MLS Listing ID 2029825

Style Up And Down

Bedrooms 2

Year Built 1893

Annual Tax Amount $1,948

Lot Size 3,920 Sqft

Property Description

Prime mixed-use building in the heart of downtown Nephi with exceptional income potential! This versatile property offers multiple opportunities for commercial and residential use. COMMERCIAL SPACE: Situated on the main floor with large street-facing windows on Main Street, this storefront is ideal for a business setup. It features a private bathroom and includes storage or office space. Adjacent to the storefront is an addition commercial space with its own exterior entrance and bathroom, which can either be integrated with the storefront or kept separate for added flexibility. RESIDENTIAL UNITS: Apartment 1: Located on the main floor, this 1-bedroom apartment has a private entrance at the back of the building with a dedicated parking spot. It includes washer/dryer hookups and a spacious bedroom. Apartment 2: On the upper floor, this unit offers an open-concept kitchen, combined living/bedroom area, separate laundry room, and attic storage. It's accessible via stairs or a stair lift, providing convenience for all. Additional Features: The property has both Main Street and alley access, making it highly convenient for tenants and customers. With options for commercial and residential rentals, this building offers significant income potential, whether you rent out all four spaces or create a live/work environment. The seller has made numerous updates, ensuring the property is well-maintained and move-in ready. This is the perfect investment opportunity for those seeking a multi-use property in a prime location!

Location

State UT

County Juab

Area Nephi

Zoning Multi-Family, Commercial

Rooms

Other Rooms Workshop

Interior

Heating Electric,Gas: Central

Flooring Linoleum

Inclusions Ceiling Fan, Range, Refrigerator, Video Camera(s)

Laundry Gas Dryer Hookup

Exterior

Exterior Feature Attic Fan,Double Pane Windows

Utilities Available Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected

View Y/N No

Roof Type Membrane

Building

Sewer Sewer: Connected

Water Culinary

Structure Type Aluminum,Brick

New Construction No

Schools

Elementary Schools Red Cliffs

Middle Schools Juab

High Schools Juab

School District Juab

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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