144 E Canyon Commercial Ave, Cedar City, UT 84721 For Sale

Introducing the impressive Canyon Commercial Multi Family property in Cedar City, UT! This prime real estate opportunity features 8.52 acres of land zoned for Multi-Family R-3-M, with approval for 180 units and potential for 204 units. The property is strategically designed for 15 - 12 plex buildings, comes with building plans, and offers a potential JV opportunity. In addition, there is an adjoining 1.25-acre retail site that can be sold separately, making it a versatile investment. Located at 144 E Canyon Commercial Ave, Cedar City, UT 84721, this property is surrounded by a thriving community, with an estimated population of 51,428 within 5 miles and a median household income of $73,743. Don't miss out on the chance to own this lucrative piece of real estate with immense development potential. Reach out to explore this exciting investment opportunity!