Address
1005 FT UNION S Midvale, UT
Price
$ 499,000
Property Attributes
  • MLS#1660230
  • TypeCommercial
  • CountySALT LAKE
  • CityMidvale
  • AreaMurray
  • Zip84047
  • Style
  • Year Built1984
  • Taxes7654
  • Price$ 499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.31 Acres
Listing Provided Courtesy Of:
Windermere Real Estate-Utah (Salt Lake Branch)
Property Description

Leased investment Property in High Traffic location. Tenant pays all expenses except ground lease payment. Great solid tenant - very clean retail space and operation. 4 years remaining on the lease with a 5 year option to renew. Gross Income = $ 43,517 Expense (ground lease) = $8,400 NOI=$35,117. Lease has 3% annual increases - Property is on a ground lease with 50 years remaining and fixed lease rate. Do Not Disturb Tenants

Price History
3/12/2020 Listed $499,000

General Features

Area Murray; Taylorsvl; Midvale
Quadrant SE
Status Active
Year Built 1984

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 84047

Price
AVG $490K
$500K
Taxes
AVG $28,186
$7,654
Visits
AVG 39
13
Year Built
AVG 1977
1984
Walkscore
AVG 66
80
Data Provided by Walkscore ® not using MLS data

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