A Diamond in the Rough with Dual Zoning Potential Seize the rare opportunity to own a property in the historic town of Eureka, Utah, that offers the flexibility of both residential and commercial zoning. This .68 acre property is a blank canvas awaiting a visionary transformation. Currently requiring a complete remodel, it presents an unparalleled chance to craft a space that perfectly aligns with your entrepreneurial and residential dreams. Commercial Potential: Location: Situated on the main street, ensuring maximum exposure. Flexibility Ideal for retail, restaurants, or lodging, tapping into Eureka's tourism and local development. Support: Eureka's plans encourage commercial growth, particularly on Main Street. Residential Appeal: Community: Join a close-knit community valuing single-family homes. Design: Freedom to create a bespoke living space or multi-unit dwellings, subject to zoning restrictions. Investment Highlights: Growth: Be part of Eureka's revitalization and growth trajectory. Heritage: Leverage the town's mining legacy to attract interest and investment. 3 parcels Tax Id #s XE00-5202, XE00-5201-1, XE00-5167. Check pictures for layout of parcels. Has Business Commercial Zoning and Residential zoning. Possible to split into 2 or 3 lots or keep together. 160 feet of frontage on Main street and 95 feet of frontage at the back on Leadville Row street estimated. The home needs a new sewer and water connection to city system and will require buyer to pay applicable fees and cost for those connections. The home has settlement issues that need to be resolved if home is redone.
The median home value in Eureka, UT is $131,700. This is lower than the county median home value of $206,200. The national median home value is $219,700. The average price of homes sold in Eureka, UT is $131,700. Approximately 69.2% of Eureka homes are owned, compared to 10.27% rented, while 20.53% are vacant. Eureka real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Eureka real estate agent to arrange a tour today!
Eureka, Utah has a population of 471. Eureka is less family-centric than the surrounding county with 29.2% of the households containing married families with children. The county average for households married with children is 43.21%.
The median household income in Eureka, Utah is $45,625. The median household income for the surrounding county is $57,590 compared to the national median of $57,652. The median age of people living in Eureka is 48.4 years.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 15 inches per year, with 30.6 inches of snow per year.