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1922 S HIGHWAY 40, Heber City, UT — photo 11 / 10

$799,000

1922 S HIGHWAY 40, Heber City, UT 84032

Type

Townhouse

List Price

$799,000

Price/Sqft

$166

Est Gross Yield

4.2%

$33,900/yr est.

Property Details

Property typeTownhouse
Year built2023
Total units1
Living area4,825 sqft
Bedrooms0
Bathrooms0
Lot size0.04 acres
Parking12 spaces
Days on market594
Listed2025-03-11T00:00:00+00:00

Description

This prime unit at Heber'sMountain View Commons provides maximum flexibility in this newly constructedmixed-use development. This location offers unparalleled accessibility to both Provo and Park City, making it a perfect choice for those looking to capitalize on the region's growth. The property offers unparalleled options with the ability to combineresidential,retail,office,commercial, andwarehousespaces. With approvals already in place for commercial use on the lower two levels and residential use on the top floor, this specific unit providesa significant head start, allowing the next owner to begin development without delay. Designed with versatility in mind, the space features expansive square footage across multiple levels, with generous layouts for commercial or warehouse use, as well as a thoughtfully designed residential space. The property will be delivered as a warm shell, complete with roughed-in electrical and plumbing, insulation on the sidewalls and ceiling, and framed second and third floors-providing a streamlined starting point for your custom build-out. Each end of the units features14-foot glass garage doorsand storefront doors, offering the flexibility to suit a wide range of business or residential needs. Mountain View Commons is conveniently located just30 minutes from Park City ski areas,15 minutes from three reservoirs, and within close proximity to endless outdoor recreational opportunities. With the area's continued growth and the potential this property offers, it's an exceptional opportunity to invest in Heber Valley's future. Plans and permits are available for review and can be fully utilized by the next owner.

Listed by Kerry Oman · Summit Sotheby's International Realty

Location

1922 S HIGHWAY 40, Heber City, UT 84032

Proforma

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Cap Rate

2.82%

Cash-on-Cash

-4.95%

Cash Flow

-$1,235/mo

Purchase Price$799,000
Down Payment35% ($279,650)
Interest Rate6.00%
Monthly Rent$2,825/mo
Vacancy5%
Expense Ratio30% ($9,662)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/26/2026, 11:51:14 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.