8987 W Magna Main St - Restaurant FOR SALE


Magna, UT 84044
$1,600,000 USD
801-566-4411
8987 W Magna Main St, Magna, UT for Sale
$1,600,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

8987 W Magna Main St
Magna, UT 84044


OVERVIEW

This mixed­-use commercial building is comprised of 6 separate parcels and sits prominently in the heart of Magna’s walkable Main Street corridor. Positioned for superb entertainment venue, newly renovated bar, restaurant activation, the property includes an existing tenant ­operated, popular restaurant, a conditional liquor license for possible transfer, architectural and engineering plans, offering a head start for operators. This facility has all­ new HVAC, air purifier, lift for stage, high­-end Berg alcohol system, new restrooms, updated electrical and plumbing systems. This standout Main Street property has been newly refurbished from top to bottom, showcasing a modern interior designed for a modern entertainment venue, stylish bar and popular restaurant. Inside, you’ll find sleek finishes, stylish lighting, and all new decor that blends contemporary flair with practical layout. The space includes a modern upscale bar, and dance floor, as well as an existing restaurant tenant. This amazing bar includes a large built in entertainment stage, ideal for live music, comedy or special events, making it a true destination venue. The building is approximately ± 7,900 SF (Buyer to verify) across three areas: Art's Place (± 5,925 SF), a restaurant space (± 1,975 SF), and a potential flexible basement.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C-2

APN/PARCEL ID

14-30-226-003-0000

ASK ABOUT THIS PROPERTY

Robert FarnsworthRE/MAX Associates UtahMore Info
801-566-4411

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Robert FarnsworthRE/MAX Associates UtahMore Info
801-566-4411

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