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21 N MAIN ST, Nephi, UT 84648
$389,000
21 N MAIN ST, Nephi, UT 84648
Subtype
Retail
Building SF
1,601
$/SF
$243
Lot
0.06 ac
Property Details
Description
Turn-key Main Street commercial space in the heart of downtown Nephi! Extensively remodeled in 2020 with new framing, walls, paint, electrical, plumbing, HVAC lines, and roof, while preserving the character of the building with beautifully refinished original hardwood floors. This approximately 1,600-square-foot, single-level space features high ceilings, an open retail or work area, private office, restroom, and kitchenette. Two rear parking spaces that could be used as tandem parking potential. Back entrance for owner and/or employees. Flexible and move-in ready, the space could work well for retail, professional services, a studio, showroom, or a variety of other business concepts. Bring your vision and make this updated Main Street space your own. **Showings to be done outside of store business hours. Exclusions: Ceiling pendant lights, Business name, equipment, shelving. Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement and to confirm all other information.
Listed by Tara L Howard · Eleven11 Real Estate
Location
21 N MAIN ST, Nephi, UT 84648
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$243
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/12/2026, 12:51:30 AM. 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.