Prime mixed-use building in the heart of downtown Nephi with exceptional income potential. This versatile property offers a rare opportunity for both commercial and residential use, making it ideal for investors or those seeking a live/work environment. The main-floor commercial storefront features large, street-facing windows along Main Street, providing excellent… Read More visibility and natural light for a business presence. This space includes a private bathroom along with additional storage or office space. Adjacent to the storefront is a second commercial space with its own exterior entrance and bathroom, offering flexibility to operate as a separate unit or combine with the main storefront to create a larger commercial footprint. The property also includes two residential units. The first apartment is located on the main floor and offers a private rear entrance with a dedicated parking space. This one-bedroom unit includes washer and dryer hookups and a spacious bedroom, creating a comfortable and functional living area. The second apartment is located on the upper level and features an open-concept kitchen with a combined living and bedroom space, a separate laundry room, and attic storage. Access to the upper unit is available by stairs or stair lift, providing added convenience. Additional highlights include both Main Street and alley access, allowing easy access for tenants and customers. With the option to rent all four spaces or create a customized live/work setup, this property offers strong and flexible income potential. The seller has completed numerous updates, ensuring the building is well maintained and move-in ready. Located within Nephi's Central Commercial zoning, this is a prime opportunity to own a well-positioned multi-use property in a thriving downtown location. Read Less
Courtesy of Meadow Perides, The Agency Salt Lake City (Nephi) 801-787-0392
Architectural Style: Stories: 2, Building Area Total: 3582, Construction Materials: Aluminum, Brick, Living Area: 3582, Living Area Units: Square Feet, Year Built: 1893
Property
Current Use: Residential, Direction Faces: West, Parcel Number: XA00-0241-, Property Condition: Blt./Standing, Property Sub Type: Duplex, Property Type: Residential
Exterior Features
Exterior Features: Attic Fan, Double Pane Windows
Floors
Flooring: Linoleum, Vinyl
Heating
Heating: Electric, Gas: Central, Heating YN: t
Interior Features
Interior Features: Closet: Walk-In, Video Camera(s)
Lot
Lot Size Acres: 0.09, Lot Size Area: 0.09, Lot Size Dimensions: 0.0x0.0x0.0, Lot Size Square Feet: 3920, Lot Size Units: Acres
Garage
Open Parking YN: t
Parking
Parking Features: Parking: Uncovered
Taxes
Tax Annual Amount: 3752
Utilities
Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
Water Features
Water Source: Culinary
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