#2051667, Meadow Perides, Listing Office: The Agency Salt Lake City
51 S Main Nephi, UT 84648
Property details
About 51 S Main
Prime mixed-use building in the heart of downtown Nephi with exceptional income potential! This versatile property offers multiple opportunities for commercial and residential use. COMMERCIAL SPACE: Situated on the main floor with large street-facing windows on Main Street, this storefront is ideal for a business setup. It features a private bathroom and includes storage or office space. Adjacent to the storefront is an addition commercial space with its own exterior entrance and bathroom, which can either be integrated with the storefront or kept separate for added flexibility. RESIDENTIAL UNITS: Apartment 1: Located on the main floor, this 1-bedroom apartment has a private entrance at the back of the building with a dedicated parking spot. It includes washer/dryer hookups and a spacious bedroom. Apartment 2: On the upper floor, this unit offers an open-concept kitchen, combined living/bedroom area, separate laundry room, and attic storage. It's accessible via stairs or a stair lift, providing convenience for all. Additional Features: The property has both Main Street and alley access, making it highly convenient for tenants and customers. With options for commercial and residential rentals, this building offers significant income potential, whether you rent out all four spaces or create a live/work environment. The seller has made numerous updates, ensuring the property is well-maintained and move-in ready. This is the perfect investment opportunity for those seeking a multi-use property in a prime location!
Highlights
Summary
- MLS Number: 2029825
- MLS Name: UtahRealEstate.com
- Office Name: The Agency Salt Lake City
- Office Phone: (385) 999-6656
- Listing Agent: Meadow Perides
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:55:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
51 S Main
$10,000
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Price information
Property sales
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Tax history
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Nearby schools
3
Nebo View Elementary School
Public District KG-5
0.4 mi
•380 E 200 N
3
Red Cliffs Elementary School
Public District KG-5
1.2 mi
•1199 S Main St
5
Mona Elementary School
Public District KG-5
7.3 mi
•260 E 200 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,500. The majority of Nephi, UT residents have income between $35k-100k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 51 S Main in Nephi, UT and zip code 84648. This 3,582 square foot home, which was built in 1893, sits on a 0.09 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $850,000.
The inventory of homes for sale in Nephi, UT between January and February 2025 increased by 15%. In February 2025 median list price was $489,499 and the average listing age was 87 days.