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What an awesome investment opportunity! Well established bar/restaurant with a liquor license. Lease goes through March 31, 2027, with two five year options with ten percent increases every five years. The tenant recently invested $200,000+ in property upgrades. The year built is an effective year, actual year built is unknown to seller. Cedar City is continues to grow quickly. It currently has a population of 41,400 and is projected to reach 56,400 in the next decade. Growth rate has been 3.73%. per annum since the last census. It is the home to Southern Utah State University and the world renowned Shakespearean Festival
DAYS ON MARKET | 5 | LAST UPDATED | 11/25/2024 |
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YEAR BUILT | 2005 | COMMUNITY | Cedar Cty; Enoch; Pintura |
COUNTY | Iron | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher |
AREA | Cedar Cty; Enoch; Pintura |
BASEMENT | Yes |
HEAT | Forced Air, Natural Gas |
LOT | 0.35 acre(s) |
LOT DIMENSIONS | 0.0x0.0x0.0 |
PARKING | Paved |
TAXES | 5358 |
UTILITIES | Natural Gas Available |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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