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1008-1032 W 700 S - 1024 W 700 S

2,400 SF Retail Unit Offered at £537,128 in Pleasant Grove, UT 84062

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Property Facts

Price	£537,128	Building Class	B
Unit Size	2,400 SF	Number of Floors	3
No. Units	1	Typical Floor Size	8,086 SF
Total Building Size	22,000 SF	Year Built	2014
Property Type	Retail (Unit)	Lot Size	0.57 AC
Property Subtype	Storefront Retail/Residential General Retail Storefront Retail/Office Office Industrial Live Work Unit	Sale Conditions	1031 Exchange
Sale Type	Investment or Owner User

Price	£537,128
Unit Size	2,400 SF
No. Units	1
Total Building Size	22,000 SF
Property Type	Retail (Unit)
Property Subtype	Storefront Retail/Residential General Retail Storefront Retail/Office Office Industrial Live Work Unit
Sale Type	Investment or Owner User
Building Class	B
Number of Floors	3
Typical Floor Size	8,086 SF
Year Built	2014
Lot Size	0.57 AC
Sale Conditions	1031 Exchange

1 Unit Available

Unit 1

Unit Size	2,400 SF	Sale Type	Investment or Owner User
Price	£537,128	Net Initial Yield	4.82%
Price Per SF	£223.80	NOI	£25,896.53
Unit Use	Retail	Sale Conditions	1031 Exchange

Unit Size	2,400 SF
Price	£537,128
Price Per SF	£223.80
Unit Use	Retail
Sale Type	Investment or Owner User
Net Initial Yield	4.82%
NOI	£25,896.53
Sale Conditions	1031 Exchange

Description

Mixed use property. 400 sqft of the ground level is commercial retail space. Above is 2,000 sqft 3 bed 2.5 bath townhome with a 2 car garage (garage located on ground level behind commercial space). This is a very rare property that can be financed with traditional financing (Conventional, FHA, VA 30 year mortgage). Call for details! He has been renting out townhome for $2,200 a month but it is currently vacant right now. Tenant in commercial space has been paying $875 a month, rent will be raised to $1,000 on a month to month contract until sale. If owner ends up keeping property commercial rent will be raised to $1200 a month.