ActiveResidential · sale

1944 N Main

Cedar City, UT 84721

$125,000

  • 1,800 sq ft

Listed by PRESTIGE REALTY · MLS #118062

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1944 N Main, Cedar City, UT 84721 · MLS #118062

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THE PROPERTY

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Turnkey Restaurant Business for Sale - Northside Grill | Cedar City, Utah

Excellent opportunity to acquire an established, fully equipped restaurant business in Cedar City. Northside Grill is being offered as a turnkey operation, allowing a new owner to step into an existing restaurant with the brand, equipment, menu, recipes, digital presence and operating infrastructure already in place.

Located on North Main Street, Northside Grill is known for its casual, family-friendly atmosphere and broad menu featuring breakfast favorites, burgers, sandwiches, salads, loaded fries, specialty drinks, coffee, shakes and more. The restaurant offers dine-in seating for approximately 35 guests, along with a drive-through, takeout, online ordering and delivery options.

The sale includes the Nort The sale includes the Northside Grill business and restaurant equipment; no real estate is included. The existing lease is assumable, providing a new owner the opportunity to continue operating from the current location, subject to landlord approval and the terms of the lease.

In addition to the furniture, fixtures and restaurant equipment, the sale includes the Northside Grill name and brand, logo, recipes, website and social media accounts, providing continuity from day one and allowing the buyer to benefit from the business's established identity and customer recognition.

The seller will also provide training and transition assistance to help the new owner become familiar with the restaurant's operations, menu and systems.

This could be an excellent fit for an owner-operator, family business, experienced restaurateur or entrepreneur looking to enter the Cedar City market without the substantial time and expense involved in developing and equipping a restaurant from the ground up.

THE NEIGHBORHOOD

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1944 N Main, Cedar City, UT 84721

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LOCAL MARKET CONTEXT

Iron County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$411,126Up 2.2% vs. the previous 12 months
Months of supply5.512-month average
Days on market7912-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Business Opportunity
Category
Residential
Heating
Electric, Natural Gas
Utilities
Natural Gas Connected, Sewer Connected
Zoning
GC
Parcel
0
Annual property tax
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$382.29
Estimated monthly rent$520.83
Cap rate3.92%

Annual operating income: $4,899.97

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #118062 · Iron County MLS

Listing brokerage: PRESTIGE REALTY
Listing agent: Jennie Hendricks

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.