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21 N MAIN ST, Nephi, UT 84648
$359,000
Reduced from $389,000 · 1 day ago
21 N MAIN ST, Nephi, UT 84648
Subtype
Retail
Building SF
1,601
$/SF
$224
Lot
0.06 ac
Property Details
Description
Turnkey Main Street commercial space in the heart of downtown Nephi. Extensively remodeled in 2020, with improvements that included framing, walls, paint, electrical, plumbing, HVAC lines, and the roof. Original hardwood floors were beautifully refinished, preserving the building's character. Approximately 1,600 square feet of single-level space includes high ceilings, an open retail or work area, a private office, restroom, and kitchenette. The property features a storefront, street parking, two rear parking spaces with potential for 4 additional tandem parking, and a separate rear entrance for owners or employees. Move-in ready and adaptable for retail, professional services, a studio, showroom, or other business uses. Bring your vision to this updated Main Street space. Showing instructions: Showings must be scheduled outside of business hours. Exclusions: Ceiling pendant lights, business name, equipment, and shelving. Square footage: Provided as a courtesy estimate based on county records. Buyer is advised to obtain an independent measurement and verify all 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
$224
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 10/29/2026, 8:44:10 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.