Lease to Own
Address
248 W Center N, Salem, UT
Price
$ 1,550,000
Property Attributes
- MLS#1820566
- TypeCommercial
- Listing Status Under Contract
- CountyUTAH
- CitySalem
- AreaPayson
- Zip84653
- Style
- Year Built1977
- Taxes$ 7831
- Price$ 1,550,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4054
- Lot Size0.69 Acres
Data Source:
Wasatch Front Regional MLS (WFRMLS)
Property Description
Leased for 3 years! Tenant has option to purchase . RETAIL/RESTUARANT Location. Located adjacent to Salem Hills High School and Highway 198 running through Salem., Stan's Drive In, is a a fully operational and operating business complete with improvements and equipment. Building is 4,054 Sq Ft The facility offers both inside sit-down dining or a convenient drive-thru window. Well established client base. Purchase Price includes real estate and equipment/fixtures. Leasing the property is also an option along with a lease with option to purchase. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records . Buyer is advised to obtain an independent measurement.
| Price History | |
|---|---|
| 6/13/2022 | Listed $0 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Utilities | 240 V 3 Phase,Gas: Natural |
| Roof | Metal |
| Appliances | Furniture,Real Estate |
| Zoning | Commercial |
| Year Built | 1977 |
| Property Subtype | Retail |
| Current Use | Retail |
| Accessibility | Ground Level |
| County | Utah |
| New Construction | No |
| Property Type | Commercial Sale Commercial Lease |
| HOA | No |
| Attached Garage | No |
| Garage Y/N | No |
| Status | Under Contract |
| City | Salem |
| Senior Community Y/N | No |
| Zoning Description | Com |
| MLS Area | Payson; Elk Rg; Salem; Wdhil |
| Lot Size Units | Acres |
| Lot Size Square Feet | 30056.4 |
| Carport Y/N | No |
| Listing Terms | Cash,Commercial Fin. Req. |
| Property Attached Y/N | No |
| Tax Annual Amount | 7831.0 |
| Home Warranty Y/N | No |
| Property Condition | Blt./Standing |
| Ok to Lease | Month |
| Lease Considered Y/N | Yes |
| Living Area Units | Square Feet |
| Standard Status | Pending |
| Leasehold Rent $/Mo | 6000.0 |
| PostalCity | Salem |
| ADU | No |
Interior Features
| Interior Amenities | Floor Drains,Cold Storage,Dishwasher,Kitchen,Refrigerator,Restroom: Public,Sprinkler System Fire |
|---|---|
| Flooring | Concrete |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
Exterior Features
| Inclusions | Fixtures,Furniture,Real Estate |
|---|---|
| Lot Size Area | 0.69 |
| Spa | No |
| Building Area Total | 4054.0 |
| Lot Dimensions | 0.0x0.0x0.0 |
| Lot Size Acres | 0.69 |
| Frontage Length | 0.0 |
| Private Pool | No |
| Waterfront Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 84653
Price
Taxes
Year Built
Visits
Wasatch Front Regional MLS - Salt Lake Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
