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506 E MAIN ST, Midway, UT 84049
$1,350,000
506 E MAIN ST, Midway, UT 84049
Subtype
Retail
Building SF
2,010
$/SF
$672
Lot
0.49 ac
Property Details
Description
Exceptional commercial investment opportunity in the heart of Midway. Situated on a prime .49-acre corner lot with commercial zoning, this charming 1920s bungalow offers outstanding redevelopment or adaptive reuse potential in one of Heber Valley's most desirable markets. Ideal for retail, office, professional services, boutique hospitality, or other permitted commercial uses. Located directly across from the exciting South Hill Homes development and surrounded by popular restaurants, bistros, shopping, nightly rentals, and year-round tourism, this highly visible property is perfectly positioned to benefit from Midway's continued growth. Whether you're an investor, developer, or entrepreneur seeking a premier location, this is a rare opportunity to acquire nearly half an acre in the center of one of Utah's most sought-after mountain communities. Buyer to verify all information, zoning, permitted uses, and future development potential. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Listed by Genene Miles · Davis Coleman Realty
Location
506 E MAIN ST, Midway, UT 84049
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$672
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 9/9/2026, 8:03:19 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.