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$ 925,000
Est. payment | /mo
1,849 SqFt
$ 925,000
Est. payment | /mo
1,849 SqFt
Key Details
Property Type Commercial
Sub Type Other - See Remarks
Listing Status Active
Purchase Type For Sale
Square Footage 1,849 sqft
Price per Sqft $500
MLS Listing ID 26-275150
Year Built 2009
Annual Tax Amount $2,726
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Other - See Remarks
Source Washington County Board of REALTORS®
Land Area 1849
Property Description
Distinctive commercial property directly on Main Street in Cedar City, offering excellent visibility, prominent street frontage and approximately 0.33 acres of commercial land across two legal parcels. This architecturally unique property features two connected octagonal commercial spaces under one roof, generous on-site parking and a highly functional layout suitable for a variety of owner-user, retail, professional or investment uses. The 1,849-square-foot building is currently configured as a beautifully finished spa studio and a fully fixtures retail space. Each side has its own restroom, with laundry hookups located in the spa space. The retail side features extensive slat wall, custom shelving and display fixtures already in place, allowing a new owner to bring in their own merchandise with minimal additional build-out. Distinctive vaulted wood ceilings complement the octagonal architecture and create a warm, memorable interior unlike typical commercial space.
The property has been extensively improved and exceptionally well maintained, including updated interior and exterior finishes, a newer high-efficiency five-stage commercial HVAC system, professional exterior and interior signage, and programmable commercial exterior lighting.
A significant portion of the groundwork for future expansion has already been completed. Professionally designed and engineered plans have been prepared for an approximately 1,800-square-foot, two-story third octagonal addition designed to complement and connect to the existing building. The plans were developed by a local engineer in coordination with the City of Cedar City. Contractor bids have already been obtained, and a builder familiar with the project is available to begin construction, subject to final permitting and any required governmental approvals.
The proposed addition would bring the total building area to approximately 3,650 square feet. Architectural renderings and engineered plans are included with the listing, with additional project documentation, contractor bids and information available to qualified buyers.
The existing retail business and DBA may also be included with an acceptable offer, creating a true turnkey opportunity. Existing inventory, furnishings, fixtures, equipment and signage may be negotiated as part of the sale.
A rare opportunity to acquire a highly recognizable Main Street property combining distinctive architecture, commercial frontage, two parcels, substantial parking, move-in-ready retail improvements and significant future expansion potential.
Real estate agent owned.
The property has been extensively improved and exceptionally well maintained, including updated interior and exterior finishes, a newer high-efficiency five-stage commercial HVAC system, professional exterior and interior signage, and programmable commercial exterior lighting.
A significant portion of the groundwork for future expansion has already been completed. Professionally designed and engineered plans have been prepared for an approximately 1,800-square-foot, two-story third octagonal addition designed to complement and connect to the existing building. The plans were developed by a local engineer in coordination with the City of Cedar City. Contractor bids have already been obtained, and a builder familiar with the project is available to begin construction, subject to final permitting and any required governmental approvals.
The proposed addition would bring the total building area to approximately 3,650 square feet. Architectural renderings and engineered plans are included with the listing, with additional project documentation, contractor bids and information available to qualified buyers.
The existing retail business and DBA may also be included with an acceptable offer, creating a true turnkey opportunity. Existing inventory, furnishings, fixtures, equipment and signage may be negotiated as part of the sale.
A rare opportunity to acquire a highly recognizable Main Street property combining distinctive architecture, commercial frontage, two parcels, substantial parking, move-in-ready retail improvements and significant future expansion potential.
Real estate agent owned.
Location
State UT
County Iron
Area Outside Area
Zoning Commercial
Direction I-15, exit 57
Exterior
View Y/N No
Building
Story 1
Others
Senior Community No
Tax ID 0491985
Acceptable Financing Submit
Listing Terms Submit

Listed by REALTYPATH (FIDELITY ST GEORGE)
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