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    1 E Center St Provo, UT 84606

    For Sale
    $3,800,000

    Historic three-story building in Provo's central business district.

    Property size:
    21,950 SF
    Lot size:
    0.12 Acres

    Property Features for 1 E Center St

    General Information

    Size
    21,950 SF
    Lot size
    0.12 Acres

    Source: Colliers | Utah County Agent JD Brisk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Knight Block Building

    The historic three-story Knight Block building, completed in 1900, was built as the financial headquarters for mining, railroad, agricultural, commodity refineries, and investment interests. Designated to the National Register of Historic Places in 1977 and renovated several times, it features exposed brick, wood floors, and high ceilings. Situated on the corner of University Avenue and Center Street, the building has a red brick exterior and an iconic clock tower. The property is located in Provo’s central business district and currently houses a diverse mix of restaurant, retail, and office tenants. The building has a property size of 21950 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Survive Designs Boutique Normandy Homecare Home Health Care Service REMS Inc Property Management Company Gumtree Therapy Mental Health Service Handcrafted Websites for Quilt, ... Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.6583518
    Latitude
    40.2339501

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    FAQs

    What type of property is this?
    Office building - Historic three-story building in Provo's central business district.
    Where is this office building located?
    The property is located at 1 E Center St Provo, UT.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Historic building on the National Register of Historic Places.; - Prime location at the corner of University Avenue and Center Street in Provo's central business district.; - Unique architectural features including a red brick exterior and iconic clock tower.
    (801) 610-1300
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 E Center St Provo, UT 84606
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