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465 N MAIN ST, Richfield, UT — photo 11 / 41

$289,500

465 N MAIN ST, Richfield, UT 84701

Subtype

Retail

Building SF

2,462

$/SF

$118

Lot

0.24 ac

Property Details

Property typeCommercial Sale
SubtypeRetail
Building SF2,462 sqft
Year built1949
Lot size0.24 acres
Current useRetail,Office
Taxes (annual)$2,749
Days on market541
Listed2025-03-10T00:00:00+00:00

Description

PRICE REDUCED! Prime location on Richfield's Main Street. This beautiful and versatile remodeled space on bustling Main Street in Richfield offers great visibility and high traffic exposure (11,000 traffic count per day according to UDOT). Perfect for a thriving business, a stunning home conversion, or as a rental property. Previously used as office space for a decade, it's ideal for entrepreneurs or professionals. Updates in the last 10 years include new bathroom, updated plumbing, wiring, HVAC, and roof. Set on a acre, it has a 1-car garage, 1,450 finished sqft on the main level, and 1,000 sqft in the unfinished basement. Also listed as a residential property MLS #2069376.

Listed by Michael S Shaver · Green Valley Brokers

Location

465 N MAIN ST, Richfield, UT 84701

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

$118

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($8,182)
Effective gross income$23,378/yr
Operating expenses$8,182/yr
Derived NOI$15,195/yr

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 9/2/2026, 7:02:21 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.