716 N 80 E, Ephraim, UT 84627 For Sale

Rare commercial investment opportunity located in booming Ephraim city in Sanpete County. All 5 units currently leased up! This is a great investment opportunity on a newly constructed commercial building with multiple uses and possibilities as an investment property. Building was designed with multiple uses in mind and can be used for retail, office, or flex office/industrial units. All 5 units are currently leased up in the phase 1 building. Sale includes the completed full set of Architecture Plans & drawings for a future phase 2 building, to be built, on the North end of the property. All underground work for the proposed phase 2 building has been completed with all utilities (sewer, water, electric, gas) stubbed up on north end of property, greatly reducing the estimated time to build and the costs associated to construct the phase 2 building. Project will have two entrances into the property, one from 700 N. Street and the other from a future 100 E. road to be completed at a future date. Great investment property with lots of upside for future growth and improvement to the property. Ephraim city has currently approved the phase 2 building permit so building can proceed asap if desired for the potential of 4 more units and with increased NOI.