Address
8979 W MAGNA MAIN ST S Magna, UT
Price
$ 896,990
Property Attributes
  • MLS#1660016
  • TypeCommercial
  • CountySALT LAKE
  • CityMagna
  • AreaMagna
  • Zip84044
  • Style
  • Year Built1924
  • Taxes10040
  • Price$ 896,990
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Exit Realty Plus
Property Description

Rare opportunity to purchase two existing businesses and buildings. There are 3 separate units which could be leased for super investment income. One building is currently a restaurant. The owner leases this building at $2500. mo. The second building is currently used as a bar. This building can be sectioned off to be used as a small bar and another retail unit which could be rented for additional income. Owner has installed doors to separate the units. The liquor license, and a portion of the bar equipment and restaurant equipment are all included in the sale. Bar has a Large stage for entertainment and events. Outdoor Patio! Functioning restaurant. Above grade square feet is 7821, but there is additional basement square footage of 3950 square feet which could be utilized, for over 11,000 square feet of space. In addition there is another 3871 square feet with a shorter ceiling. This property would make a fantastic brewing or distillery, large restaurant or retail. This area is growing rapidly. Hundreds of new homes, town homes, and apartments are being built in the area. Take advantage of this incredible opportunity to own your own business or own a solid real estate investment. Building with bar may also be purchased separately.

Price History
3/11/2020 Listed $897,000
5/21/2020 1% - $896,900

General Features

Area Magna; Taylrsvl; WVC; SLC
Quadrant SW
Status Active
Year Built 1924

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 84044

Price
AVG $710K
$900K
Taxes
AVG $7,223
$10,040
Visits
AVG 67
71
Year Built
AVG 1924
1924
Walkscore
AVG 55
55
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.