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1116 S Sage Dr

Cedar City, UT 84720
  • $1,299,000
  • STATUS: Active Under Contract
  • ON SITE: 84 Days
  • ID#: 2104917
Under Contract
UPDATED: 44 min ago
$1,299,000
  • 0
    BEDS
  • 2.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2000
County:

School Ratings & Info

Description

Prime Commercial in the heart of Cedar City. 6,404 sq ft +- of space with heavy traffic, and I-15 visibility. Semi dock makes deliveries an ease. Neighboring tenants include;(Pioneer flooring, vasa gym, megaplex movie theater, Starbucks, Cafe Rio, Brody's Mexican restaurant, Iron county board of realtors and more) This space ready to be made into retail, office space, restaurant, etc. Current tenant is on month to month and plans of moving out end of the year. Rents are (NNN triple net) with rate raises annually. Cap rate currently 6.1% but can easily be raised to 8% with new tenants. Act today and secure a piece of Cedar City's prime commercial before its too late. Office and Retail vacancies less than 2% for 2024.

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Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-11-06T21:40:48.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
www.goberealty.com/homes/166871601
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1116 S Sage Dr Cedar City, UT 84720

  • Price: $1,299,000
  • Status: Active Under Contract
  • On Site: 84 Days
  • Updated: 44 min ago
  • ID#: 2104917
0
Beds
0
Baths
0
½ Baths
2.33
Acres
2000
Built
Neighborhood:
Cedar Cty; Enoch; Pintura
County:
Iron
Area:
Cedar Cty; Enoch; Pintura
Property Description
Prime Commercial in the heart of Cedar City. 6,404 sq ft +- of space with heavy traffic, and I-15 visibility. Semi dock makes deliveries an ease. Neighboring tenants include;(Pioneer flooring, vasa gym, megaplex movie theater, Starbucks, Cafe Rio, Brody's Mexican restaurant, Iron county board of realtors and more) This space ready to be made into retail, office space, restaurant, etc. Current tenant is on month to month and plans of moving out end of the year. Rents are (NNN triple net) with rate raises annually. Cap rate currently 6.1% but can easily be raised to 8% with new tenants. Act today and secure a piece of Cedar City's prime commercial before its too late. Office and Retail vacancies less than 2% for 2024.
Exterior Features

Attached Garage YN No Carport YN No Construction Status Blt./Standing Covered Spaces 0 Frontage Length 0.0 Garage YN No Horse Property YN No Lot Size Dimensions 0.0x0.0x0.0 Mobile Length 0 Mobile Width 0 Open Parking YN No Parking Total 0 Pool Private YN No Spa YN No View YN No Waterfront YN No

Interior Features

Bathrooms Partial 0 Cooling YN No Fireplace YN No Heating YN False Rooms Total 0

Property Features

Association YN No Current Use Industrial Lease Considered YN No New Construction YN No Property Attached YN No Property Condition Blt./Standing Property Sub Type Industrial Senior Community YN No Tax Annual Amount 7511

Listing provided courtesy of ERA Realty Center Inc: 435-586-2777. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2025 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-11-06T21:40:48.11. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information.
 
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Salt Lake UT,