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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!
| DAYS ON MARKET | 39 | LAST UPDATED | 10/17/2024 |
|---|---|---|---|
| YEAR BUILT | 1893 | COMMUNITY | Nephi |
| COUNTY | Juab | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Red Cliffs |
|---|---|
| Jr. High School | Juab |
| High School | Juab |
| ADDITIONAL DETAILS | |
| AIR | Attic Fan, None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Nephi |
| CONSTRUCTION | Aluminum Siding, Brick |
| HEAT | Central, Electric, Natural Gas |
| INTERIOR | Walk-In Closet(s) |
| LOT | 3920 sq ft |
| LOT DIMENSIONS | 0.0x0.0x0.0 |
| STYLE | Up And Down |
| TAXES | 1948 |
| UTILITIES | Natural Gas Available, Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected |
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Listed with The Agency Salt Lake City
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