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92 S MAIN ST, Richfield, UT 84701
$895,000
92 S MAIN ST, Richfield, UT 84701
Subtype
Retail
Building SF
8,540
$/SF
$105
Lot
0.27 ac
Property Details
Description
Commercial Investment Property Richfield Main Street Positioned on Richfield's Main Street, this commercial building offers immediate income with clear upside potential. The property contains 5,891 sq. ft. of above-grade commercial space and an additional 1,240 sq. ft. of unfinished basement area, providing future expansion or storage opportunities (buyer to verify permitted use). The building is divided into five commercial units, with three currently occupied by stable, long-term tenants, creating in-place cash flow. Two vacant units allow a new owner to implement a lease-up strategy and increase overall rental income. With prominent Main Street frontage, the property benefits from high visibility, steady downtown traffic, and consistent demand for small commercial spaces. 1240 Sq ft in the back part of building plus unfinished basement represents further value-add potential. This asset is well suited for an investor seeking to improve returns through increased occupancy, potential reconfiguration of space, and operational efficiencies.
Listed by Dana R Coates · ERA Brokers Consolidated (Richfield Branch)
Location
92 S 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
$105
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 8/25/2026, 6:10:13 AM. 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.