227 N CENTER ST Active Save Request In-Person Tour Request Virtual Tour
American Fork,UT 84003
$ 1080000
- Bed
- Bath
- SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Rent
MLS Listing ID 2031334
Construction Status Blt./Standing
HOA Y/N No
Year Built 2000
Annual Tax Amount $6,587
Lot Size 0.440 Acres
Acres 0.44
Lot Dimensions 0.0x0.0x0.0
Property Description
Discover a premier investment opportunity in the heart of American Fork. This 3,989 square foot commercial property boasts a stable, long-term tenant in place, ensuring immediate cash flow with minimal oversight. Situated in a high-traffic area known for its robust economic growth and vibrant community, this asset offers an attractive 6% cap rate, ideal for investors seeking steady returns.The property's strategic location provides easy access to major highways and amenities, positioning it for continued value appreciation. Don't miss out on this well-maintained, turn-key investment with a reliable income stream in one of Utah County's thriving markets. 1994 sqft is available for lease at $4,000 per month. Square footage figures are provided as a courtesy estimate only and were obtained from an appraisal. Buyer is advised to obtain an independent measurement.
Location
State UT
County Utah
Area Am Fork; Hlnd; Lehi; Saratog.
Zoning Commercial
Interior
Interior Features Kitchen
Heating Natural Gas
Cooling Central Air
Flooring Laminate
Fireplace No
Exterior
Exterior Feature Out Buildings,Paved Parking
View Y/N No
Present Use Office
Handicap Access Ground Level,Customized Wheelchair Accessible,Single Level
Private Pool No
Building
Faces East
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 02-046-0038
Acceptable Financing Cash,Conventional,SBA
Listing Terms Cash,Conventional,SBA