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Emily Hayes

CEO Emily Hayes Homes | Emily Hayes Homes | Keller Williams | PLACE

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1075 S 75 E , Richfield, UT 84701
$900,000
Est. Payment: $2,000.00/mo
0 Bed
0 Bath
7450 Sqft
Status: Active | Days on site: 272
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House Description

Prime commercial building with auto shop and three income-producing tenants. Located at 1075 S 75 East in Richfield, this 7,450 sq. ft. facility on 0.88 acres sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed in the industrial park. Three small suites currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25 %, depending on buyer structure and whether the business is acquired alongside the property (buyer to verify all financials independently). Mike's Auto Clinic, a respected 35-year business, along with its trained staff, customer base, and approximately $200K in equipment, may be purchased separately. Financials are available with a signed NDA. Seller is willing to assist with transition, making this a strong turnkey owner-operator or investor opportunity. Growth potential includes towing, heavy-equipment/AG repair, fleet services, body/paint, or equipment rental (buyer to verify). List price reflects real estate only; business and equipment are optional.

Highlights

Listed by David Busk , 435-767-9888 and Jennifer Poulson , 702-413-3140 KW Ascend Keller Williams Realty , 435-767-9888.

Property Type

Commercial Sale

Lot/Acreage
0.88

Year Built

2001

County

Sevier

Area

Central Sevier

Neighborhood

Richfield Commercial Center

Listing ID

2125212

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Others:
  • Additional:Blt./Standing
Principal Interest
$2,000
Taxes
$694

Home Price

$900,000

Loan Details

30 yrs
%

Down Payment

20%
$180,000
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Monthly Price:
$2,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,000.00 $693.58 $0.00 $2,693.58
Yearly $24,000.00 $8,323.00 $0.00 $32,323.00
Total $720,000.00 $249,690.00 $0.00 $969,690.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Richfield, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.