30 Commercial Ave, Grantsville, UT, 84029

30 Commercial Ave Grantsville, UT 84029

30 Commercial Ave, Grantsville, UT, 84029
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FOR SALE
Property Type:
Street Retail
Amount:
$375,000
Last Verified:
Apr 21, 2025

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Description

Prime single tenant 1,500 SF laundromat building anchored by South Fork Hardware, located on Grantsville Main Street.

The busy Main Street has an average daily traffic of 10,553. The property benefits from high visibility, steady foot traffic, and easy access to the main road. Surrounded by residential communities and established retailers, this building offers strong a strong investment opportunity, and stable growth potential.

Current rents at the property are below market rates, presenting an attractive value-add opportunity for the next owner when the current lease expires. The space is currently leased with 3% annual increases. Currently the rent is $1,591 NNN. July 2025 it goes to $1,638 then $1,687 next year.


Year Built: 1983
Building Size: 1500sq ft
Lot Size: 0.17 acres


Documents

Sale Brochure

Map of 30 Commercial Ave, Grantsville, UT, 84029

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.