1075 S 75 E, Richfield, UT 84701
1075 S 75 E, Richfield, UT 84701
1075 S 75 E, Richfield, UT 84701
1075 S 75 E, Richfield, UT 84701
1075 S 75 E, Richfield, UT 84701
1075 S 75 E, Richfield, UT 84701
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Paige Steckling

Paige Steckling

+1(760) 801-7993
$ 900,000
Est. payment | /mo

0.88 Acres Lot

Save
$ 900,000
Est. payment | /mo
Save

0.88 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Richfield Commercial Center

MLS Listing ID 2125212

Construction Status Blt./Standing

HOA Y/N No

Year Built 2001

Annual Tax Amount $8,323

Lot Size 0.880 Acres

Acres 0.88

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Industrial

Property Description

Prime commercial building with auto shop and three income-producing tenants. Located at 1075 S 75 East in Richfield, this 7,450 sq. ft. facility on 0.88 acres sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed in the industrial park. Three small suites currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25 %, depending on buyer structure and whether the business is acquired alongside the property (buyer to verify all financials independently). Mike's Auto Clinic, a respected 35-year business, along with its trained staff, customer base, and approximately $200K in equipment, may be purchased separately. Financials are available with a signed NDA. Seller is willing to assist with transition, making this a strong turnkey owner-operator or investor opportunity. Growth potential includes towing, heavy-equipment/AG repair, fleet services, body/paint, or equipment rental (buyer to verify). List price reflects real estate only; business and equipment are optional.

Location

State UT

County Sevier

Area Central Sevier

Interior

Fireplace No

Exterior

View Y/N No

Present Use Industrial,Office

Private Pool No

Building

Faces West

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 3-23-1 01

Listed by KW Ascend Keller Williams Realty

Nearby Locations

Paige Steckling

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 801-7993

paigestecklingrealtor@gmail.com

6975 S Union Park Ave, Cottonwood Heights, UT, 84047, USA

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1075 S 75 E