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Property Description
Prime Location located adjacent to Salem Hills High School and the highway running through Salem. There are several options for this property. 1.) Lease the current building and restaurant equipment. Lease would be approx. $10,000/mo NNN. Current Building is 4,054 Sq Ft 2.) Owner will build a new building (subject to and pending Salem City approval) with 4 separate units ranging from 1,890 - 1,850 sq ft. Leases are expected to range from $1.95-2.15/sq ft/month NNN with a CAM fee of $0.25/sq ft. All information is subject to change. 3.) Ground lease. Lease the ground (no current structures included and tenant would be responsible for demolition of the existing structure) at approximately $6,500/month NNN. 4.) Lease (which includes the current structure on the property, no restaurant equipment). Lease would be approximately $8,500/month NNN.
Full Property Details
Full Property Details for 248 W Center N
General
- Taxes: $4,548
- Status: Active
- Type: Single Family
- Source: WFR
- MLS ID: 1820566
- Updated: 7/29/2022
- Added to Site: 931 day(s) ago
Location
- Area: PaysonElkRgSalemWdhil
- County: Utah
Structural Information
- Current Bldg. Use: Retail
- Year Built: 1977
- Property Condition: BltStanding
Lot Features
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 30,056.4
- Lot Size: .69
- Zoning: Com
Financial Considerations
- Lease Price: $10,000
- Tax Amount: $4,548
Disclosures and Reports
- Property ID: 30-036-0098
Listed by Charles Wixom Realty
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Schools
Schools serving 248 W Center N
School District:Nebo District
Rating | Name | Grades | Distance |
---|---|---|---|
140 W 100 S, Salem, UT 84653 | K-5 | 0.1 mi | |
598 N Main St, Salem, UT 84653 | 8-9 | 0.7 mi | |
Valley View Middle
1044 E 340 S, Salem, UT 84653 | 6-7 | 1.4 mi | |
150 Skyhawk Blvd, Salem, UT 84653 | 10-12 | 0.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 248 W Center N
248 W Center N, Salem, UT 84653 (MLS# 1820566) is a Single Family property with 0 bedrooms and 0 full bathrooms. 248 W Center N is currently listed for and was received on July 29, 2022. Want to learn more about 248 W Center N? Do you have questions about finding other Single Family real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.