432 N 100 W new

Cedar City,UT 84721

$ 1310000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2052152

Construction Status Blt./Standing

HOA Y/N No

Year Built 2005

Annual Tax Amount $5,358

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 0.0x0.0x0.0

Property Description

What an awesome investment opportunity! Well established bar/restaurant with a liquor license. Lease goes through March 31, 2027, with two five year options with ten percent increases every five years. The tenant recently invested $200,000+ in property upgrades. The year built is an effective year, actual year built is unknown to seller. Cedar City is continues to grow quickly. It currently has a population of 41,400 and is projected to reach 56,400 in the next decade. Growth rate has been 3.73%. per annum since the last census. It is the home to Southern Utah State University and the world renowned Shakespearean Festival

Location

State UT

County Iron

Area Cedar Cty; Enoch; Pintura

Zoning Commercial, Industrial

Interior

Interior Features Floor Drains,Basement,Cold Storage,Dishwasher,Kitchen,Restroom: Public,Sprinkler System Fire

Heating Forced Air,Natural Gas

Cooling Central Air

Flooring Carpet,Tile

Inclusions Real Estate

Fireplace No

Appliance Real Estate

Exterior

Exterior Feature Paved Parking

Utilities Available 120/240 V 1 Phase,Gas: Natural

View Y/N No

Roof Type Metal

Present Use Retail

Handicap Access Ramp,Customized Wheelchair Accessible,Accessible Full Bath

Private Pool false

Building

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID B-1335-0007-00002

Acceptable Financing Cash,Commercial Fin. Req.

Listing Terms Cash,Commercial Fin. Req.

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