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

Features
: Forced Air, Natural Gas
: Central Air
: Paved Parking
: Carpet, Tile
: Floor Drains, Kitchen, Restroom: Public, Sprinkler System Fire, Dishwasher, Cold Storage, Basement
: 120/240 V 1 Phase, Gas: Natural
Appliances
: Real Estate
Address Map
US
UT
Iron
Cedar City
84721
100
432
W112° 14' 32.6''
N34° 58' 29.6''
Cedar Cty; Enoch; Pintura
N
W
Commercial, Industrial
Additional Information
0.0x0.0x0.0
2024-11-21
: Ramp, Customized Wheelchair Accessible, Accessible Full Bath
: Retail
Financial
5358.0
Listing Information
57063
70482
Cash,Commercial Fin. Req.
Active
2024-11-27T07:11:40Z
WFRMLS

Commercial Sale For Sale

432 N 100 W, Cedar City, Utah 84721

0.35 Acre
$1,310,000
Listing ID #2052152
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2052152
Price : $1,310,000
Year Built : 2005
Lot Area : 0.35 Acre
Status : Active
Office Name : Essential Real Estate LLC
Agent Name : Thayne D. Bailey
Listing Status : Active
Property Sub Type : Retail
Roof : Metal
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