1075 S 75 E, Richfield, UT 84701

$900,000
Property Type: Commercial Square Footage: 7,450 Lot Size (sq. ft.): 38,333 Status: Active
Current Price: $900,000 List Date: 12/04/2025 Last Modified: 5/20/2026

Overview

Description

Prime commercial building with auto shop and three income-producing tenants. It sits just one block off South Main near Walmart and I-70. The property includes five service bays, upgraded AC (2025), fully asphalted parking and storage areas, and an oil-water separator-significant cost savings compared to new construction. The site benefits from rare grandfathered industrial zoning, eliminating today's impact fees and drainage requirements typically imposed at other sites. Three spaces currently leased to an auto detailer, salon, and bookstore provide approx. $1,950/month in additional income. When combined with the auto shop's operating income, the projected performance indicates an estimated CAP rate of 10.25%, depending on buyer structure and if the business is acquired alongside the

Supplements: property (buyer to verify all financials independently). Mike's Auto Clinic, a respected 35-year business, along with its trained staff, customer base, and approximately $200K in equipment, may be purchased separately. Financials are available with a signed NDA. Seller is willing to assist with transition making this a strong turnkey opportunity wi ...

Listing Details MLS# 25-267148

Location, Tax & Legal

House Number
1075
Street Direction Pfx
S
Street Name
75
Street Direction Sfx
E
MLS Area
Outside Area
State/Province
UT
Postal Code
84701
County
Other
Tax ID
3-23-1 01

Contract Info

Offering Type
Sale
Original List Price
950000
List Price/SqFt
127.52
Cap Rate
10.3
Short Sale Status
No

General Property Info

Listing Class
Other - See Remarks
Realtor.com
Commercial
Lot Acres
0.88
Total SqFt
7450
Available SqFt
7450
# of Floors
2
Year Built
2001

More Information

Property Features

Type of Property: Commercial; Industrial; Office Other Features: Overhead Doors; 3 Phase Power Site Description: Owner Occupied; Tenant Occupied Construction: Steel Showing Instructions: Call Listing Agent Zoning: Commercial; Industrial Terms of Sale: Exchange; Seller Financing; Submit Any Offer Possession: Close Of Escrow
Listing Office: KW Ascend Keller Williams Realty
Last Updated: May - 20 - 2026
Information deemed reliable but not guaranteed.