1155 N MAIN ST, Layton, UT 84041 (MLS # 1967332)
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Valuable investment-grade retail property, well-maintained by current owner, fully-leased with 7 tenants. Hard to find investment property. Pylon sign in front. Corner lot. High traffic volume and close to numerous commercial shops including Layton Hills Mall. Cap Rate of 6% at offering price (based on 2023 income/expense actuals). Cap Rate of 6.96% at offering price on 2024 income (based on rent roll/leases) and estimated expenses (based on average of past 5 years). Please contact AGENT with questions, requests for financials, and requests to view the property. Prospective buyers must submit proof of funds (and preapproval letter if obtaining a loan for purchase) before a full tour (interior and exterior) of the property will be allowed and scheduled. Interested parties may view the exterior (only) of the property without appointment - PLEASE DO NOT DISTURB TENANTS.
| DAYS ON MARKET | 169 | LAST UPDATED | 3/25/2024 |
|---|---|---|---|
| YEAR BUILT | 1999 | COMMUNITY | Kaysville; Fruit Heights; Layton |
| COUNTY | Davis | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Dec 7, '23 | $2,200,000 |
|---|---|
| Dec 7, '23 - Feb 12, '24 | $2,100,000 |
| Feb 12, '24 - Today | $2,000,000 |
| ADDITIONAL DETAILS | |
| AREA | Kaysville; Fruit Heights; Layton |
|---|---|
| HEAT | None |
| LOT | 0.77 acre(s) |
| LOT DIMENSIONS | 197.0x57.0x197.0 |
| TAXES | 19126 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Engel & Volkers Park City
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