$5,155,326
Prime 39.45-Acre Commercial & Light Industrial Land in Tooele, Utah
Tooele, Utah
Soft OfferCommercial Property for Sale in Magna Utah 84044
8588 W Magna Main St, Magna, Utah 84044
$350,000
$398 / sq ft Listed Jul 5, 2024
880 sqft
Building
Class B
Class
About this property
Commercial Property for Sale in Magna Utah 84044 is a retail for sale in Magna, Utah, listed at $350,000. Key details: building size 880 sqft, building class Class B, property status Normal Sale, building status Existing. Listed by Joe Marcinkewicz of NAI Excel on LoopingCloud and last updated November 3, 2026.
Magna Main Street opportunity zone is in need of eateries and retail. Revitalization is coming to Magna. What an excellent location for a drive through, with double drive through potential. Potential uses: Coffee, sodas, desserts, smoothies, maybe a walk-up window with outdoor dining or sitting areas. Property Information 880 SF Lot is approx 0.22 acres Redevelopment opportunity Zoned C-2 APN: 14-20-377-016-000 The tanks and pumps have been removed from this former gas station and environmental remediation has been done. A few quarters of testing remain before a NFA can be issued. A preliminary approval for the use as a drive through has been received, and the seller continues to progress toward full completion of this project as the sidewalk, wells and landscape plan are implemented. Price reflects current stage of the project and is expected to increase along with the improvements. A lease of the completed project as a drive through is an option however a Lease price has not yet been established. Insurance policy in place protects buyer against the potential of any additional remediation.
Key highlights
- 880 SF, Lot is approx 0.22 acres
- Redevelopment opportunity
- Zoned C-2
- APN 14-20-377-016-000
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Size
- 880 sqft
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$398
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $350,000 | - | - | - | - |
Features and amenities
Highlights
- 880 SF, Lot is approx 0.22 acres
- Redevelopment opportunity
- Zoned C-2
- APN: 14-20-377-016-000
Location
Address as shown by the lister.
Get directionsAbout this area - Magna
- Population
- 22,823
- Housing units
- 6,817
- Land area
- 10.9 sq mi
- County
- Salt Lake
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Commercial Property for Sale in Magna Utah 84044?
Commercial Property for Sale in Magna Utah 84044 is listed at $350,000. That works out to about $398 per square foot.
Where is Commercial Property for Sale in Magna Utah 84044 located?
The property is in 8588 W Magna Main St, Magna, Utah 84044, Salt Lake County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 880 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Joe Marcinkewicz of NAI Excel listed this property. Use the Request Info button to send a message or call (801) 590-7676.
When was this listing published?
It was published on July 5, 2024 and last updated on November 3, 2026.
Listing information
- Listing ID
- CL-Utah-10862
- Published
- Jul 5, 2024
- Last updated
- Nov 3, 2026
- Views
- 677
- Status
- Sold
Report a problem with this listing
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