Commercial Investment Property Richfield Main Street Positioned on Richfield’s Main Street, this commercial building offers immediate income with clear upside potential. The property contains 5,891 sq. ft. of above-grade commercial space and an additional 1,240 sq. ft. of unfinished basement area, providing future expansion or storage opportunities (buyer to verify permitted use). The building is divided into five commercial units, with three currently occupied by stable, long-term tenants, creating in-place cash flow. Two vacant units allow a new owner to implement a lease-up strategy and increase overall rental income. With prominent Main Street frontage, the property benefits from high visibility, steady downtown traffic, and consistent demand for small commercial spaces. 1240 Sq ft in the back part of building plus unfinished basement represents further value-add potential. This asset is well suited for an investor seeking to improve returns through increased occupancy, potential reconfiguration of space, and operational efficiencies.
- Heating System:
- Natural Gas
- Cooling System:
- Central Air
- Exterior Features:
- Paved Parking
- Flooring:
- Laminate
- Interior Features:
- Basement
- Utilities:
- Gas: Natural, Separate Meter: Gas, Separate Meter: Elec.
- Window Features:
- None
- Appliances:
- Real Estate
- Country:
- US
- State:
- UT
- County:
- Sevier
- City:
- Richfield
- Zipcode:
- 84701
- Street:
- MAIN
- Street Number:
- 92
- Street Suffix:
- ST
- Longitude:
- W82° 21' 42.6''
- Latitude:
- N41° 14' 23.2''
- Direction Faces:
- East
- Mls Area Major:
- Central Sevier
- Street Dir Prefix:
- S
- Zoning:
- Commercial
- Lot Size Dimensions:
- 57.0x140.0x61.0
- On Market Date:
- 2026-03-25
- Accessibility Features:
- Ground Level, Single Level
- Current Use:
- Retail
- Tax Annual Amount:
- 4575.0
- Co List Agent Full Name:
- Viv Sorensen
- Co List Agent Mls Id:
- 28047352
- Co List Office Mls Id:
- 70174
- Co List Office Name:
- ERA Brokers Consolidated (Richfield Branch)
- List Agent Mls Id:
- 48537
- List Office Mls Id:
- 70174
- Listing Term:
- Cash, Conventional, SBA
- Mls Status:
- Active
- Modification Timestamp:
- 2026-03-25T19:11:35Z
- Originating System Name:
- WFRMLS
Commercial Sale For Sale
92 S Main St, Richfield, Utah 84701
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 2145723
- Price :
- $980,000
- Year Built :
- 1918
- Lot Area :
- 0.27 Acre
- Status :
- Active
- Office Name :
- ERA Brokers Consolidated (Richfield Branch)
- Agent Name :
- Dana R Coates
- Listing Status :
- Active
- Property Sub Type :
- Retail
- Roof:
- Asphalt, Pitched
- Platinum Real Estate Professionals
- (435) 250-3355
-
platinum.pros.utah@gmail.com
