8588 W 2700 S - Service Station FOR SALE


Magna, UT 84044
$350,000 USD
801-590-7676
8588 W 2700 S, Magna, UT for Sale
$350,000 USD
Service Station - FOR SALE
1/6
null | Request Cap Rate

8588 W 2700 S
Magna, UT 84044


HIGHLIGHTS

  • Lot is approx 0.22 acres
  • Redevelopment opportunity
  • Zoned C-2

OVERVIEW

Magna Main Street opportunity zone is in need of eateries and retail. Revitalization is coming to Magna. What an excellent location for a drive through, with double drive through potential. Tanks have been removed and enviro remediation has been done. A few quarters of testing remain before a NFA can be issued. Insurance policy in place to protect against the expense of any additional remediation. Also, A credit remains for the completion of the parking area which was torn up during the remediation process. These funds may be transferred to the new owner. A preliminary approval for the use as a drive through has been received. Plan and notes available.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Magna Corner Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-2

APN/PARCEL ID

14-20-377-016-0000

ASK ABOUT THIS PROPERTY

Joe MarcinkewiczNAI PremierMore Info
801-590-7676

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Joe MarcinkewiczNAI PremierMore Info
801-590-7676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.