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$950,000

For Sale

5 months ago

1075 75, Richfield, UT

House

MLS® 2125212

0 Bed

0 Bath

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0

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage 
Taxes $8,323
Days Active 143
Lot Size 
Approx. Age 2001
MLS® Number 2125212

Property Address: 1075 75, Richfield, UT, 84701-2190

Average square foot calculated using Size range provided by listing agent.

Description

Prime commercial building with auto shop and three income-producing tenants. Located at 1075 S 75 East in Richfield, this 7, 450 sq. ft. facility on 0.88 acres 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 in the industrial park. Three small suites 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 whether the business is acquired alongside the 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 owner-operator or investor opportunity. Growth potential includes towing, heavy-equipment/AG repair, fleet services, body/paint, or equipment rental (buyer to verify). List price reflects real estate only; business and equipment are optional.
MLS® Number2125212
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2001
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 2, 2025List Date
$950,000List Price
  • Commute

Commute

Starting Address
Destination Address
1075 75, Richfield, UT

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