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51 S Main, 
Nephi, UT 84648

$495,000


2

Beds


4

Baths


3,582

Sq Ft


Multi-Family

Active

Listed by

Meadow Perides

The Agency Salt Lake City (Nephi)

801-787-0392

Last updated:

February 16, 2026, 12:17 PM

MLS#

2131957

Source:

SL

About This Home

51 S Main

Prime mixed-use building in the heart of downtown Nephi with exceptional income potential. This versatile property offers a rare opportunity for both commercial and residential use, making it ideal for investors or those seeking a live/work environment. The main-floor commercial storefront features large, street-facing windows along Main Street, providing excellent visibility and natural light for a business presence. This space includes a private bathroom along with additional storage or office space. Adjacent to the storefront is a second commercial space with its own exterior entrance and bathroom, offering flexibility to operate as a separate unit or combine with the main storefront to create a larger commercial footprint. The property also includes two residential units. The first apartment is located on the main floor and offers a private rear entrance with a dedicated parking space. This one-bedroom unit includes washer and dryer hookups and a spacious bedroom, creating a comfortable and functional living area. The second apartment is located on the upper level and features an open-concept kitchen with a combined living and bedroom space, a separate laundry room, and attic storage. Access to the upper unit is available by stairs or stair lift, providing added convenience. Additional highlights include both Main Street and alley access, allowing easy access for tenants and customers. With the option to rent all four spaces or create a customized live/work setup, this property offers strong and flexible income potential. The seller has completed numerous updates, ensuring the building is well maintained and move-in ready. Located within Nephi's Central Commercial zoning, this is a prime opportunity to own a well-positioned multi-use property in a thriving downtown location.

Home Facts

Multi-Family

4 Baths

2 Bedrooms

Built in 1893

Price Summary

495,000

$138 per Sq. Ft.

MLS #:

2131957

Last Updated:

February 16, 2026, 12:17 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

4

Interior

Living Area:

3,582 Sq. Ft.


Structure

Structure

Building Area:

3,582 Sq. Ft.

Year Built:

1893


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$495,000

Price per Sq. Ft:

$138 per Sq. Ft.

Source:SL
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.