11,758 Bar Business & Leased Restaurant Owner/User & Investment Opportunity

8987 West Magna Main Street, Magna, UT

$1,150,000

Price

11,758 sqft

Building Size

0.4 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
11,758 sqft
Lot Area
0.4 acres
Occupancy
100%
Class
B
Lease Type
Triple Net
Year Built
1917
Tenancy
Multiple
Year Last Renovated
2022
Description

Peak Collective Real Estate with KW Commercial is pleased to present the sale of 8987 W Magna Main St, Magna, UT 84044.
The building boasts 11,758 SF with a bar business and leased restaurant space with a new 3-year lease. The building has a 3,710 SF basement that can be used as owner/user space or could be separately leased.
The sale Includes FF&E, inventory, liquor license, bar business name and all bar business operations.
This is a great value add opportunity as the owner is currently an absentee owner and could benefit and increase revenue with a savvy owner/operator. Additional value could be added converting the property to a branded franchise.

Highlights
  • $50,000 Seller Concession
  • Located in an opportunity zone
  • Includes FF&E, inventory, liquor license, bar business name and all bar business operations
  • Great value add opportunity as the owner is currently an absentee owner
Documents
Location
Gallery