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1559 S STATE ROAD 32, Francis, UT 84036
$1,500,000
1559 S STATE ROAD 32, Francis, UT 84036
Type
SFR
List Price
$1.50M
Price/Sqft
$871
Est Gross Yield
3.4%
$50,724/yr est.
Property Details
Description
A rare opportunity in the heart of Francis: an updated home on a flat .83-acre parcel with coveted commercial zoning(C1) and legal non-conforming residential use. This unique combination allows owners to live on site, operate a business, develop the property, or phase all three as the town continues to grow. Originally built in 1903 and upgraded from 2017-2026, the 1,723 sq ft 3BR/1BA home features new electrical, plumbing, furnace, roof, siding, walls, ceilings, commercial-grade laminate flooring, carpet, bathroom, kitchen appliances, and water heater truly move-in ready. Windows frame views of Mt. Timpanogos and the Uinta foothills. The .83-acre lot is fully fenced from the house setback and includes mature cottonwoods, a crabapple tree, 117 sq ft shed, and multiple gates including vehicle access to the backyard. A 523 sq ft powered detached garage offers workshop, studio, or small-scale production potential and can be expanded or rebuilt to suit future needs. City water and sewer already connected. Located along State Road 32 with strong frontage and rising traffic counts, the property sits across from the new Francis-Oakley pedestrian/bike trail and neighbors agricultural land within the commercial corridor. The site is ideal for a cafe or grab-and-go food concept, retail, office, fitness or wellness studio, farm store, contractor or operator yard, mixed-use build, or complete redevelopment. Just 1 mile to Kamas, 15 miles to Park City, and minutes from Mirror Lake Highway and Jordanelle State Park, this property offers unmatched versatility for entrepreneurs, homesteaders, investors, and developers. Residential charm, commercial potential, and long-term upside this is the rare Francis property where your vision can truly take shape.
Listed by William F O'Leary Jr. · Windermere Real Estate (Park Ave)
Location
1559 S STATE ROAD 32, Francis, UT 84036
Proforma
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Cap Rate
2.25%
Cash-on-Cash
-6.47%
Cash Flow
-$3,035/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/30/2026, 7:57:47 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.