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Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Hurricane Townsite S
MLS Listing ID 1794733
Sold Date 04/25/22
Construction Status Blt./Standing
HOA Y/N No
Year Built 1947
Annual Tax Amount $4,474
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 0.0x0.0x0.0
Property 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 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.
Location
State UT
County Washington
Area N Hrmny; Hrcn; Apple; Laverk
Direction Subdivision: HURRICANE TOWN SUR PLAT A BLK 23 (H) Lot: 2 BEG S B/L LOT 2 BLK 23 PLAT A HTS BEING 119 FT E SW COR LOT 2;
Interior
Fireplace false
Exterior
Waterfront No
View Y/N No
Present Use Retail
Private Pool false
Building
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID H-153-A-1-A
Horse Property No
Financing Exchange
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Bought with RE/MAX Associates (So Utah)