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Price, Utah 84501
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This section only treats MLS wording as a signal. Assumptions, seller financing, subject-to, wraps, and lease options still need seller, lender, title, and legal review before anyone relies on them.
Historic Downtown Redevelopment Opportunity An exceptional opportunity to re-imagine a history-rich Main Street landmark in the heart of downtown Price. Built in 1910, this iconic three-level commercial building offers nearly 17,709 square feet of total space and unlimited potential for the right investor with vision. Each level spans approximately 5,903 square feet, providing a solid footprint for a mixed-use redevelopment. The main level features two large retail spaces, each with separate exterior entrances (approximately 3,000 sq ft and 1,800 sq ft), along with a dedicated lobby entrance for the upstairs apartments. The spaces are independent and do not connect, offering flexibility for multiple tenants. The basement level is divided into three separate sections, each accessed by its own entrance, creating additional opportunities for storage, utility, tenant use. The upper level spans the full dimensions of the building and was originally designed to house 29 studio apartments. This level presents an outstanding opportunity for long-term rentals, short-term rentals, or Airbnb-style accommodations. The property is currently in the demolition phase and is being sold as-is. It requires substantial renovation. However, this phase creates a rare blank-slate. Notably, the owner previously had professional renovation plans drafted for the entire building. These plans are available and may be purchased separately, offering a significant head start on redevelopment. Additional highlights include Main Street frontage, on-street parking, and rear parking access, beautiful original interior brick is exposed. This is a rare chance to restore and transform a historic downtown structure into a standout mixed-use investment. With the right vision, this building has the potential to become one of downtown Price's most impressive and profitable properties. Endless possibilities. Historic character. Unmatched potential. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data provided by Wasatch Front Regional MLS. Information deemed reliable but not guaranteed.
30 Year Fixed • sample 7.28% interest rate • 20% down ($90,000)
Estimated P&I + taxes + insurance. This is a sample for informational purposes only — not a commitment or offer to lend. Actual rate, APR, and payment will depend on your credit, down payment, loan type, and lender. Contact a licensed mortgage professional for an accurate quote.
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801.635.8462USMC Veteran • REALTOR® • UT Lic# 12907042-SA00 · NV Lic# S.0201351 · WY Lic# RE-17041