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380 N MAIN ST, Nephi, UT 84648
$760,000
380 N MAIN ST, Nephi, UT 84648
Subtype
Retail
Building SF
4,645
$/SF
$164
Lot
0.43 ac
Property Details
Description
Prime Main Street investment opportunity in the heart of Nephi! Located in the CU-1 zone, which allows for both residential and commercial uses, this mixed-use property features two commercial suites and three residential units, all currently rented with established tenants. The building is 100% occupied, making this an attractive income-producing investment from day one. As one of Central Utah's growing communities, Nephi offers an exciting opportunity for investors looking to establish themselves in an expanding market. Situated directly on Main Street and surrounded by established businesses, this property offers a desirable location, existing rental income, and the opportunity to build equity while the tenants help pay for the investment. Whether you're looking to expand your portfolio or purchase your first investment property, this is an opportunity worth considering! --Showings are by appointment only, please do not disturb the tenants. --
Listed by Meadow Perides · The Agency Salt Lake City (Nephi)
Location
380 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
$164
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 10/16/2026, 10:56:29 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.