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48 N MAIN ST, Ephraim, UT 84627
$379,000
48 N MAIN ST, Ephraim, UT 84627
Subtype
Retail
Building SF
1,963
$/SF
$193
Lot
0.37 ac
Property Details
Description
Opportunity meets location in the heart of Ephraim! Currently used as a residential home, this unique property is zoned C-1 Commercial, opening the door to a variety of potential business, investment, or continued residential uses, subject to applicable zoning and city approval. Positioned directly along Hwy 89/Main Street in a PRIME central location, the property sits across from a major convenience store/gas station, restaurant, and movie theater, offering excellent visibility and convenient access. Its location between Snow College and Maverik places it right in the middle of the activity and continued growth happening throughout Ephraim. The property includes two buildings: a beautifully remodeled main building currently being used as a single-family home, featuring a new roof, updated flooring, granite countertops, updated plumbing, and remodeled bathrooms. Behind the main building is a large detached 4-car garage, providing substantial additional space and even more flexibility for storage, workspace, business operations, or other potential uses. Ephraim continues to grow while maintaining the small-town, country lifestyle that makes Sanpete County so appealing. With Snow College, nearby mountain and outdoor recreation, expanding local businesses, and continued commercial and residential development surrounding areas such as Ephraim Crossing, this property offers an opportunity to secure a highly visible location in a community with plenty happening now and even more on the horizon. Whether you're looking for a future business location, investment property, live/work opportunity, or a property with both commercial and residential potential, this one offers versatility in one of Ephraim's most visible locations. Information is provided as a courtesy and is deemed reliable but not guaranteed. Buyer and buyer's agent are advised to independently verify all information, including zoning, permitted uses, square footage, property details, and the suitability of the property for buyer's intended use.
Listed by Ashlee Earl · Aspen Leaf Realty, LLC
Location
48 N MAIN ST, Ephraim, UT 84627
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$193
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 9/24/2026, 11:24:51 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.