Multi-Income Investment Opportunity in Layton, UT: 1464 N Main St

Position your portfolio for long-term stability with 1464 N Main Street, a premier multi-tenant investment asset located in the heart of Layton’s booming commercial corridor. This unique property offers a rare combination of self-storage, service-based retail, and passive telecommunications income, providing a diversified revenue shield and exceptional historical performance.

Spanning 0.827 acres with a C-H (Planned Highway Commercial) zoning, this is an institutional-grade acquisition in one of Northern Utah's most resilient markets.

Diversified Income Streams & Financial Performance

This asset is a "turn-key" cash-flow generator with an in-place NOI of $86,386 and a Pro-Forma NOI of $93,286. The income is supported by three distinct pillars:

1. Self-Storage (8,906 SF): 24 fully occupied units, each measuring 12’ x 30’. These units cater to the high demand for storage along the Wasatch Front and maintain a consistent 100% occupancy rate.

2. Retail Component (1,440 SF): Currently leased to a long-standing, locally respected barbershop, providing stable, service-oriented retail traffic.

3. Passive Revenue: A secured Verizon Cell Tower lease with built-in rent escalations, offering pure profit with zero management overhead.

Property Specifications

• Total Square Footage: 10,346 SF

• Total Units: 24 Storage Units + 1 Retail Suite

• Cap Rate: 5.00%

• Occupancy: 100% (Historically strong performance)

• Lot Size: 0.827 Acres

• Zoning: C-H (Planned Highway Commercial)

• Year Built: 1962 (Well-maintained with recent professional updates)

• APN: 100440005

Strategic Location & Market Growth

Located directly on Main Street (US-89), 1464 N Main St enjoys massive daily visibility and easy access for tenants. This location is a primary artery for Layton, one of the fastest-growing cities in the region.

• Proximity to Hill Air Force Base: Situated just minutes from one of Utah's largest employers, ensuring a steady stream of storage and retail demand from military and civilian populations.

• Excellent Connectivity: Quick access to I-15 and the Layton Hills Mall area connects this property to the broader Ogden-Salt Lake City metropolitan area.

• Infrastructure Growth: The ongoing expansion of residential and transportation infrastructure in Davis County ensures that service-based and storage assets will continue to see upward pressure on rental rates.

Investment Highlights

• Recession-Resistant Asset Class: The blend of self-storage and essential services (Barber Shop) provides a high degree of economic resilience.

• Low Management Intensity: Professional upkeep and recent updates mean minimal capital expenditure (CapEx) requirements for a new owner.

• Scalable NOI: Market-supported rent growth and cell tower escalations provide a clear path to a 9.9% yield in the pro-forma scenario.

• High Land Value: Nearly an acre of prime highway-frontage land in a high-demand commercial zone.

Whether you are an institutional investor seeking a stable 5% cap entry or a local professional looking for a secure, low-maintenance commercial asset, 1464 N Main Street stands as a premier choice in the Utah real estate market.

Secure Your Next High-Performing Asset: Full financial disclosures and professional property tours are available upon request. Contact us today to explore this unique multi-income opportunity in Layton.