227 N CENTER ST, American Fork, UT 84003 - MLS#2031334

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Jerome Bennett

jerome@utahhomelistings.com +1(801) 913-1385

$1,080,000

0.44 Acres Lot

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UPDATED:

10/28/2024 05:42 PM

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Rent

MLS Listing ID 2031334

Construction Status Blt./Standing

HOA Y/N No

Year Built 2000

Annual Tax Amount $6,587

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 0.0x0.0x0.0

Property Description

Discover a premier investment opportunity in the heart of American Fork. This 3,989 square foot commercial property boasts a stable, long-term tenant in place, ensuring immediate cash flow with minimal oversight. Situated in a high-traffic area known for its robust economic growth and vibrant community, this asset offers an attractive 6% cap rate, ideal for investors seeking steady returns.The property's strategic location provides easy access to major highways and amenities, positioning it for continued value appreciation. Don't miss out on this well-maintained, turn-key investment with a reliable income stream in one of Utah County's thriving markets. 1994 sqft is available for lease at $4,000 per month. Square footage figures are provided as a courtesy estimate only and were obtained from an appraisal. Buyer is advised to obtain an independent measurement.

Location

State UT

County Utah

Area Am Fork; Hlnd; Lehi; Saratog.

Zoning Commercial

Interior

Interior Features Kitchen

Heating Natural Gas

Cooling Central Air

Flooring Laminate

Fireplace No

Exterior

Exterior Feature Out Buildings, Paved Parking

Waterfront No

View Y/N No

Present Use Office

Handicap Access Ground Level, Customized Wheelchair Accessible, Single Level

Private Pool false

Building

Faces East

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 02-046-0038

Acceptable Financing Cash, Conventional, SBA

Listing Terms Cash, Conventional, SBA

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Listed by Omnia Real Estate

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Jerome Bennett

+1(801) 913-1385

Principal Broker | License ID: 5451352-PB00

Principal Broker License ID: 5451352-PB00