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$1,350,000 Just Listed
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Property Description
Exceptional commercial investment opportunity in the heart of Midway. Situated on a prime .49-acre corner lot with commercial zoning, this charming 1920s bungalow offers outstanding redevelopment or adaptive reuse potential in one of Heber Valley's most desirable markets. Ideal for retail, office, professional services, boutique hospitality, or other permitted commercial uses. Located directly across from the exciting South Hill Homes development and surrounded by popular restaurants, bistros, shopping, nightly rentals, and year-round tourism, this highly visible property is perfectly positioned to benefit from Midway's continued growth. Whether you're an investor, developer, or entrepreneur seeking a premier location, this is a rare opportunity to acquire nearly half an acre in the center of one of Utah's most sought-after mountain communities. Buyer to verify all information, zoning, permitted uses, and future development potential. Buyer to verify all information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
Full Property Details
Full Property Details for 506 E Main St
General
- Price: $1,350,000
- Taxes: $5,684
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2169323
- Updated: 7/2/2026
- Added to Site: 4 day(s) ago
Location
- Area: Midway
- County: Wasatch
Structural Information
- Current Bldg. Use: Retail, Office
- Year Built: 1920
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.49
- Lot Size (Sq. Ft.): 21,344.4
- Lot Size: .49
- Zoning: Comm
Financial Considerations
- Tax Amount: $5,684
Disclosures and Reports
- Property ID: 00-0006-6022
Listed by Davis Coleman Realty
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Schools
Schools serving 506 E Main St
School District:Wasatch School District
| Name | Grades | Distance |
|---|---|---|
Midway School 225 South 100 East, Midway, UT 84049 | K-5 | 0.5 mi |
Rocky Mountain Middle School 800 School House Way, Heber City, UT 84032 | 6-8 | 2.1 mi |
Wasatch High School 930 500 East, Heber City, UT 84032 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 E Main St
Date
Details
Price
Change
Source
7/02/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,621
1%
$610,000
—
2024
$5,558
-2%
$610,000
—
2023
$5,684
170%
$610,000
191%
2022
$2,103
-23%
$209,724
—
2021
$2,721
-3%
$209,724
—
2020
$2,806
9%
$209,724
—
2019
$2,567
—
$209,724
—
2018
$2,567
-1%
$209,724
—
2017
$2,582
-2%
$209,724
—
2016
$2,647
5%
$209,724
—
2015
$2,515
—
$209,724
—
2014
$2,518
-4%
$209,724
—
2013
$2,634
—
$209,724
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 E Main St
506 E Main St, Midway, UT 84049 (MLS# 2169323) is a Retail property. 506 E Main St is currently listed for $1,350,000 and was received on July 02, 2026. Want to learn more about 506 E Main St? Do you have questions about finding other Retail real estate for sale in Midway? You can browse all Midway real estate or contact a Coldwell Banker agent to request more information.

