Amazing Historical Property, nicely restored with the character and charm from it's era! Great visibility on Main Street in Nephi! Grand entry Foyer, original wood accents and banister. Plenty of parking, ideal orientation for one business or to rent rooms to other businesses. Call today for a private tour!
Prime mixed-use building in the heart of downtown Nephi with exceptional income potential! This versatile property offers multiple opportunities for commercial and residential use. COMMERCIAL SPACE: Situated on the main floor with large street-facing windows on Main Street, this storefront is ideal for a business setup. It features a private bathroom and includes storage or office space. Adjacent to the storefront is an addition commercial space with its own exterior entrance and bathroom, which can either be integrated with the storefront or kept separate for added flexibility. RESIDENTIAL UNITS: Apartment 1: Located on the main floor, this 1-bedroom apartment has a private entrance at the back of the building with a dedicated parking spot. It includes washer/dryer hookups and a spacious bedroom. Apartment 2: On the upper floor, this unit offers an open-concept kitchen, combined living/bedroom area, separate laundry room, and attic storage. It's accessible via stairs or a stair lift, providing convenience for all. Additional Features: The property has both Main Street and alley access, making it highly convenient for tenants and customers. With options for commercial and residential rentals, this building offers significant income potential, whether you rent out all four spaces or create a live/work environment. The seller has made numerous updates, ensuring the property is well-maintained and move-in ready. This is the perfect investment opportunity for those seeking a multi-use property in a prime location!
Nephi is located in Utah. Nephi, Utah has a population of 6,334. Nephi is less family-centric than the surrounding county with 40.56% of the households containing married families with children. The county average for households married with children is 43.1%.
The median household income in Nephi, Utah is $74,113. The median household income for the surrounding county is $74,741 compared to the national median of $69,021. The median age of people living in Nephi is 30.9 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 16.4 inches per year, with 50.1 inches of snow per year.
