$1,400,000
St George, UT 84790
MLS# 24-251024
1180 sqft
1 / 15
Property Description
Incredible opportunity to own an independent car dealership property strategically located next to an automotive service center, also for sale, in the center of St. George. The sales office includes customer waiting area, 5 sales desks, 3 offices, break room, bathroom and large lot area to display car inventory. Freshly updated in 2024. The automotive service center is also for sale and provides an opportunity to purchase both properties as an owner-operator to establish a collective automotive location- OR - investors can purchase this property and capitalize on a rental income stream at a 6% CAP rate. Schedule a viewing to seize the opportunity to make this prime location the cornerstone of your automotive venture or investment portfolio.
Details
Maps
Contract Info
Offering Type: Sale
List Price: $1,400,000
Current Price: $1,400,000
List Price/SqFt: 1186.44
Cap Rate: 6
Lease Price: 7000
Lease Price/Annual: 84000
Lse Prc Mnth P/SqFt: 5.93
Lease Price Per: Month
Lease Type: MG
CAM Rate Per: Month
Property Tax Rate: 0.0067
Property Tax Rate Per: Month
Listing Date: 2024-05-14
Short Sale Status: No
Location, Tax & Legal
Geo Lat: 37.096539
Geo Lon: -113.560432
House Number: 1081
Street Direction Pfx: E
Street Name: 700
Street Direction Sfx: S
MLS Area: Greater St. George
State/Province: UT
Postal Code: 84790
County: Washington
Legal: 1 POR LOT 1 SGCS-B-1 DESC AS FOL: BEG S1*35'02'' W
120.00 FT ALG W L/L FM NW COR LOT 1 PLAT B BLK 1 SGCS; TH S88*24'
Tax ID: SG-741-B-1-A
Total Taxes: 3113.5
Tax Year: 2023
General Property Info
Listing Class: Office
Realtor.com: Commercial
Lot Acres: 0.48
Total SqFt: 1180
Available SqFt: 1180
# Levels: 1
Year Built: 1997
Remarks & Misc
Directions: I-15 -> Right on River Rd Right on 700 South.
Office/Member Info
Variable Rate Comm: 1
Buyer Broker Compensation (BBC): 3
Buyer Broker Comp (BBC) Type: %
Status Change Info
Status: Active
Property Features
Type of Property: Commercial; Mixed Use; Retail Vehicle Related
Site Description: Owner Occupied; Tenant Occupied
Construction: Block; Brick; Stucco
Showing Instructions: Call Listing Agent
Zoning: Commercial; Mixed Zoning
Terms of Sale: Exchange
Listing Office: BHHS UTAH PROPERTIES SG
Last Updated: May - 17 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.