1135 W 6800 S, Spanish Fork, UT 84660

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List Price
$425,000
Status
ACTIVE
MLS#
2170666
Days on Market
104
Parcel Number
25-015-0007
Acres
0.62
County
Utah
Region
Sp Fork; Mapleton; Benjamin

Property Description

Tenant-occupied investment property. NNN lease: $2,800/mo base rent, 2% annual increases; scheduled through 9/30/31, with one-year extension and early-termination rights. Utah County RA-5 zoning restricts uses. Do not disturb tenant. Rare investment opportunity featuring an approximately 6,300 SF agricultural building on 0.619 acre in the Spanish Fork area. Current lease commenced 10/1/26, with annual base rent of $33,600 and tenant responsibility for operating expenses as provided in the NNN lease. Lease includes early-termination provisions, including termination at the end of the third year under specified conditions. Building offers substantial covered storage space, enclosed rooms and 240V electrical service. Septic system on site; existing shallow well is nonoperational. No culinary water or natural gas service currently available. Property is subject to Utah County RA-5 agricultural zoning and significant use restrictions. Buyer to independently verify all permitted uses, utilities and property information. Sold as-is, subject to existing lease and tenant rights. No immediate owner occupancy. Interior showings by advance appointment for serious, qualified buyers who understand the lease and zoning restrictions. Contact listing agent for details.

Additional Information

Taxes
$900

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Listing courtesy of Realtypath LLC (Pro).

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