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$980,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 92 S Main St
General
- Price: $980,000
- Taxes: $4,575
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2145723
- Updated: 3/25/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Basement
- Appliances: Real Estate
- Flooring: Laminate
Exterior
- Exterior Features: Paved Parking
Location
- Area: Central Sevier
- County: Sevier
- Direction Faces: East
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Utility Description: Gas: Natural, Separate Meter: Gas, Separate Meter: Elec.
Structural Information
- Roof: Asphalt, Pitched
- Windows: None
- Disability Access: Ground Level, Single Level
- Current Bldg. Use: Retail
- Year Built: 1918
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,761.2
- Lot Size: .27
- Lot Dimensions: 57.0 x 140.0 x 61.0
- Frontage Feet: 57
- Zoning: Comm
Horse Property
- Horse Property: Yes
Financial Considerations
- Tax Amount: $4,575
- Terms: Cash, Conventional, SBA
Disclosures and Reports
- Exclusions: Equipment/Machinery, Furniture, Franchise, Good Will, Inventory, Supplies, Trade Name
- Inclusions: Fixtures, Real Estate
- Property ID: 1-22-1
Listed by ERA Brokers Consolidated (Richfield Branch)
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Schools
Schools serving 92 S Main St
School District:Sevier School District
| Name | Grades | Distance |
|---|---|---|
Ashman School 70 North 200 West, Richfield, UT 84701 | K-3 | 0.2 mi |
Pahvant School 520 North 300 West, Richfield, UT 84701 | 3-5 | 0.6 mi |
Red Hills Middle School 400 South 600 West, Richfield, UT 84701 | 6-8 | 0.7 mi |
Richfield High School 495 West Center Street, Richfield, UT 84701 | 9-12 | 0.4 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 92 S Main St
Date
Details
Price
Change
Source
3/25/2026
Listed
$980,000
—
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 92 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,576
—
$471,287
13%
2024
$4,576
10%
$418,112
1%
2023
$4,148
33%
$414,751
45%
2022
$3,124
-14%
$285,276
2%
2021
$3,650
—
$280,465
26%
2021
$3,650
23%
$221,945
—
2020
$2,971
2%
$221,940
7%
2018
$2,918
—
$206,820
14%
2018
$2,918
9%
$181,510
—
2017
$2,683
—
$181,510
—
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 92 S Main St
92 S Main St, Richfield, UT 84701 (MLS# 2145723) is a Retail property. 92 S Main St is currently listed for $980,000 and was received on March 25, 2026. Want to learn more about 92 S Main St? Do you have questions about finding other Retail real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.

