Description

RARE OPPORTUNITY! Moab's Best Commercial Location. Priced at a 7.5% cap rate!

These landmark buildings are Located on the corner of Center & Main Streets, the best location in Moab, Utah!
* Over 23,000 square feet of leasable space.
* 116 linear feet of Main Street frontage.
* NOI increased throughout the recession!
* Exceptional upside potential.
* 99% Occupied

Cooper-Martin & Co. occupied this building with their mercantile store and insurance business until the building was purchased by Ralph Miller, Sr. in 1944. It now houses 3 retail frontages offering 66 linear feet of Main Street frontage, 2 offices, & 8 residential units. This historic building was built by DM Cooper & VP Martin in 1907. It has two foot thick red brick & stone walls quarried from the mouth of Moab's Millcreek.

The Uranium building was built in 1954 by Ralph Miller, Sr. to keep up with the high demand on his mercantile store during the peak of the uranium boom. Today it still fits the bill housing 2 retail shops with 50 linear feet of Main street retail frontage and over 3,500 square feet of floor space, as well as 12 offices on the second level. The retrospective architecture of this building brings two eras into one fine commercial property.