1 / 26
281 W MAIN ST, Lehi, UT 84043
$639,000
281 W MAIN ST, Lehi, UT 84043
Subtype
Office
Building SF
2,183
$/SF
$293
Lot
0.37 ac
Property Details
Description
Located on historic Main Street in the center of fast-growing Lehi, this unique mixed-use property offers a rare opportunity for investors, business owners, or developers looking for visibility, flexibility, and long-term potential. The property sits on approximately 0.37 acres with a 2183 square foot building originally constructed in 1899, giving it character while offering multiple possibilities for future use. The location provides excellent exposure along one of Lehi's most traveled corridors, surrounded by local businesses, residential neighborhoods, and continued redevelopment throughout the downtown area. The property's mixed-use potential allows for a variety of possibilities including office, retail, service business, residential use, or a combination of both, making it an ideal live-work setup or investment property. With a large lot and prime frontage on Main Street, the site provides strong redevelopment potential for those looking to modernize the existing structure or reposition the property for future growth. Properties with this level of flexibility and location rarely become available in downtown Lehi.
Listed by Shawn Kenney · In Depth Realty
Location
281 W MAIN ST, Lehi, UT 84043
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$293
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.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:02:20 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.