FOR SALE
$249,000

1 S MAIN ST
Lewiston, UT 84320

Condo, Townhouse
Residential
3,312
Sq. Ft.
0.04
Acre Lot
Courtesy: Fair Fee Realty, 435-999-2378
Agent Websites> Utah> Lewiston> 84320
This is your opportunity to own a unique property and a piece of Cache Valley's history! The old Lewiston State Bank, originally built in the 1920s, was last purchased in June '23. The original Architect, Fred Hodgson also designed the Ray B. West building at USU and the Smithfield Library, both of which are included on the National Historic Registry. The bank is not currently on the Historic Registry but potentially could be. Restoration funding may be available if the design is approved through the Registry office. The bank is currently zoned for commercial use. Lewiston City Planning and Zoning has expressed willingness to accommodate a zoning change to mixed-use, multi-family, or single-family residential. Buyers will need to obtain a building permit, which is contracted through Hyde Park. The building was unoccupied for several decades with a disconnected roof drain, which resulted in substantial water damage. New beams to reinforce the roof and upstairs have been installed. Complete replacement of roof sheathing and membrane in November 2023. Also, a new roof drain has been installed which is temporarily being run/drained through an East window. The upstairs subfloor has been completely replaced. Structural engineering and a building permit will be needed before rebuilding the main floor and stairs. Most of the exterior walls have footings inside the building, which may be an option to build the support for a new floor. The East portion of the main floor (Director's room and bathroom) has not yet been removed. This area likely will need to be removed and rebuilt along with the rest of the main floor. Will need new plumbing, electrical, HVAC, insulation, etc. Currently has 1.5 allotted parking spaces, but Lewiston City has expressed willingness to arrange a long-term lease for additional parking. No overnight street parking in the winter. Is connected to a water meter. Camera work was inconclusive if the sewer is connected to the old septic tank or the city sewer system. There is a sewer line and manhole on the East side of the building. The roof drain will need to be reconnected to the stormwater drain, which has an opening along the north sidewalk. There is likely a line running on the East side of the building, which the neighbor to the South is also connected to for his roof drain. The power supply is nearby. It will come from the South/East. We have met with RMP and it could be run overhead or buried. Original blueprints will be provided to buyers. USU special collections also has original duplicates of all of Fred Hodgson's work, including the bank. Scans are included in the listing photos. Also photos of a proposed floor plan for a single-family residence. Can provide initial code analysis, completed by a licensed architect Dec. 2023 for occupancy change to a single-family residence. New lumber sitting in the bank is included with the purchase. Approximately 16' walls in the main lobby. Showings will only be available on Tuesdays March 12th, 19th, 26th, and April 9th from 1:00-2:00 PM. Please schedule showings, contractors, ect. during that time frame. Will need to use the ladders provided to access the upper level and roof. ** Use ladders at your own risk** Some areas are open to a drop and there is a potential risk of falling. Please submit offers on or before April 12th, 9:00 pm with an acceptance deadline of April 15th 9:00pm. Only offers with a minimum of $1,500 non-refundable earnest money will be accepted. See agent remarks for contact information. It will take some time to get a building permit, but this property is one of a kind and could be amazing! All information is provided as a courtesy and should be verified by the buyer.
1984409
Condo, Townhouse, 2 Story, Townhouse
Cache
1924
0.04 Acres
2
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: Fair Fee Realty, 435-999-2378
Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 5/5/2024 12:00:00 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.
This content last refreshed on 5/5/2024 7:35 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.