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252-266 E 100 S
2,508 SF Office/Retail Unit Offered at £375,576 in Santaquin, UT 84655
Investment Highlights
- Centennial Park’s 252-266 E 100 S presents commercial condo space for sale beneath multifamily residential units.
- With multifamily units above and surrounding, this future commercial tenant will have the ability to tap into a built-in customer pool.
- Built in 2019, this modern space is ready for tenant improvements, making it ideal for a small business owner/user.
- I-15’s central location enables Utah County’s southernmost city residents to commute to Provo faster than those in Payson or Spanish Fork.
- The 2,508 SF condo is ideal for office or retail operations and is currently in shell condition, ready to accommodate its newest tenant.
Property Facts
| Price | £375,576 | Building Class | B |
| Unit Size | 2,508 SF | Number of Floors | 1 |
| No. Units | 1 | Typical Floor Size | 3,334 SF |
| Total Building Size | 10,032 SF | Year Built | 2019 |
| Property Type | Retail (Unit) | Lot Size | 0.14 AC |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.09/1,000 SF |
| Sale Type | Owner User |
| Price | £375,576 |
| Unit Size | 2,508 SF |
| No. Units | 1 |
| Total Building Size | 10,032 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Office |
| Sale Type | Owner User |
| Building Class | B |
| Number of Floors | 1 |
| Typical Floor Size | 3,334 SF |
| Year Built | 2019 |
| Lot Size | 0.14 AC |
| Parking Ratio | 2.09/1,000 SF |
1 Unit Available
Unit 1
| Unit Size | 2,508 SF | Unit Use | Office/Retail |
| Price | £375,576 | Sale Type | Owner User |
| Price Per SF | £149.75 |
| Unit Size | 2,508 SF |
| Price | £375,576 |
| Price Per SF | £149.75 |
| Unit Use | Office/Retail |
| Sale Type | Owner User |
Description
Colliers is pleased to present the Santaquin commercial condo unit within Centennial Park to the market. Built in 2019 and currently in shell condition, the 2,508-square-foot condo is ideal for owner/user acquisition. The space is ready to accommodate tenant improvements to be the perfect environment for office or retail storefront operations. The condo offers 10-foot ceilings and has separately metered utilities. Above the commercial space are multifamily apartment residences, providing a built-in customer base for the new commercial operations taking place below.
Sidewalks line all of Santaquin’s scenic suburbs, but the stunning mountain views cannot be missed. Macey’s Grocery and ACE Hardware are Santaquin’s major retailers, but shopping centers and malls are a 22-mile straight shot up Interstate 15 in Provo and Orem. Rowley’s Red Barn is a local favorite for fresh fruit and jam, and their seasonal pumpkin patch always brings the community together. A handful of chain restaurants line Main Street, including Einstein Bro’s Bagels, Subway, McDonald’s, Little Ceasar’s, a local pizzeria, a burger restaurant, and a Mexican restaurant. Santaquin has become known as the emerging southern Utah County city, with many developments continuing to take place, proving this to be an ideal suburb to bring a new commercial tenant to.
Utah’s lower business costs, lower tax rates, tax incentives, and relatively affordable real estate and labor continue to encourage positive employment and population growth. The 10 miles encompassing the commercial condo have a residential population of 65,077, which is expected to grow by 3.2% by 2028. The average household income surpasses $108,200, and annual consumer spending of $770.6M is generated back into the local economy—a stable and thriving community.
Sale Notes
Colliers is pleased to present the Santaquin commercial condo unit within Centennial Park to the market. Built in 2019 and currently in shell condition, the 2,508-square-foot condo is ideal for owner/user acquisition. The space is ready to accommodate tenant improvements to be the perfect environment for office or retail storefront operations. The condo offers 10-foot ceilings and has separately metered utilities. Above the commercial space are multifamily apartment residences, providing a built-in customer base for the new commercial operations taking place below.
Sidewalks line all of Santaquin’s scenic suburbs, but the stunning mountain views cannot be missed. Macey’s Grocery and ACE Hardware are Santaquin’s major retailers, but shopping centers and malls are a 22-mile straight shot up Interstate 15 in Provo and Orem. Rowley’s Red Barn is a local favorite for fresh fruit and jam, and their seasonal pumpkin patch always brings the community together. A handful of chain restaurants line Main Street, including Einstein Bro’s Bagels, Subway, McDonald’s, Little Ceasar’s, a local pizzeria, a burger restaurant, and a Mexican restaurant. Santaquin has become known as the emerging southern Utah County city, with many developments continuing to take place, proving this to be an ideal suburb to bring a new commercial tenant to.
Utah’s lower business costs, lower tax rates, tax incentives, and relatively affordable real estate and labor continue to encourage positive employment and population growth. The 10 miles encompassing the commercial condo have a residential population of 65,077, which is expected to grow by 3.2% by 2028. The average household income surpasses $108,200, and annual consumer spending of $770.6M is generated back into the local economy—a stable and thriving community.
Nearby Major Retailers
zoning
| Zoning Code | Commercial Office (Mixed used space. First floor is professional office-- second and third floor are residential.) |
| Commercial Office (Mixed used space. First floor is professional office-- second and third floor are residential.) |
Presented by
252-266 E 100 S
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