Prime Commercial Opportunity on 100 East in Richfield! Welcome to your next investment in one of Richfield's premier locations! This exceptionally maintained commercial complex is a rare find, offering a blend of versatility and prime amenities. Situated on 100 East, this well-kept property is in excellent condition, with 10 flexible suites that can function as independent office spaces or seamlessly connect for larger operations. Key Features: High Occupancy: Currently 90% occupied with only one suite available! Flexible Leasing Options: Lease suites individually or open them up for expansive office space. Modern Comforts: Equipped with two brand-new HVAC units for optimal heating and cooling. Updated Infrastructure: Recent remodeling and upgrades, including a newer roof, ensure low maintenance. Competitive Rental Rates: Current rents are below market average, allowing room for adjustments and a significant income boost. With public restrooms, modern updates, and low-maintenance upkeep, this property is ideal for investors or business owners looking to expand. Don't miss the chance to secure this outstanding space. Call today for more information and make this prime commercial property yours!
MAIN STREET FRONTAGE. . . 2 buildings, 2 separate addresses for 2 possible businesses! This is a unique opportunity to purchase commercial property right on main street. The building located on main street could be used for a variety of commercial type businesses with the additional building facing north on 200 South. The building was built in 1977 and may need some updating for your specific use. It is currently being used as a car dealership on a lease situation.
5500+ S.F. office on Richfield's Main Street. The building consists of 3500 SF on the main level, and almost 2,000 sf of split level up and down in the back. 13 private offices, 3 bathrooms, break room, conference room, and more work space. Plenty of off street parking in both the front and rear of building. Shown by appointment only.
Attention investors, business owners and creative real estate house hackers envision your future here, in a property that offers the best of both worlds - a successful commercial venture and a comfortable living space. Grab this opportunity and let this property be the cornerstone of your successful future! Experience the unique blend of residential and commercial versatility with this impressive property located in a prime commercial area of Richfield, UT. Boasting an impressive 2,143 sq ft of space, this property offers an array of financing opportunities for investors, business owners, and home seekers alike. Currently serving as a lucrative commercial site, the property features a well-designed layout including three expansive private offices, a welcoming waiting area, and ample parking with seven uncovered stalls. With a patio on the north side that could be utilized as additional parking, you have flexibility to meet the needs of any business venture. But the magic doesn't stop there. Hidden within this commercial haven is a charming studio apartment. Covering a generous 640 sq ft, the studio includes separate heating and air systems, making it a cozy and self-sufficient living space. The studio could be your perfect home above your own business, a desirable rental asset adding to your income stream, or the starting point of a duplex transformation. The property also includes a single-car garage, with 320 sq ft of space, perfect for storage or for safe parking. With the remarkable price of approximately $225k per door, this property is a rare find in the current market. Whether you're looking to expand your business, kick-start your journey into property investment, or find a unique living arrangement, this property has the potential to fulfill your vision.
The median home value in Richfield, UT is $294,600. This is higher than the county median home value of $287,300. The national median home value is $338,100. The average price of homes sold in Richfield, UT is $294,600. Approximately 60.68% of Richfield homes are owned, compared to 32.93% rented, while 6.4% are vacant. Richfield 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 Richfield real estate agent to arrange a tour today!
Richfield, Utah has a population of 8,086. Richfield is more family-centric than the surrounding county with 49.09% of the households containing married families with children. The county average for households married with children is 39.86%.
The median household income in Richfield, Utah is $53,836. The median household income for the surrounding county is $60,262 compared to the national median of $69,021. The median age of people living in Richfield is 31.9 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 9.3 inches per year, with 36.4 inches of snow per year.