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1075 S 75 E, Richfield, UT 84701

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For Sale

$950,000

7,450 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $127.52
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Prime commercial building with auto shop and three income-producing tenants. It sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed at other sites. Three spaces currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25%, depending on buyer structure and if the business is acquired alongside the property (buyer to verify all financials independently). Mike's Auto Clinic, a respected 35-year business, along with its trained staff, customer base, and approximately $200K in equipment, may be purchased separately. Financials are available with a signed NDA. Seller is willing to assist with transition making this a strong turnkey opportunity with significant growth potential including towing, heavy-equipment/AG repair, fleet services, body/paint, or equipment rental (buyer to verify). List price reflects real estate only; business and equipment are optional.
MLS# 25-267148

Courtesy Of KW St George Keller Williams Realty

(435) 767-9888

Property Features

  • Age
    21-30 Years Old
  • Lot Size
    0.88 Acres

Map and Directions

Directions to 1075 S 75 E, Richfield, UT 84701
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Home seller CENTURY 21 Essentials Realty

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CENTURY 21 Essentials Realty

(435) 283-6626
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