Multi-Level Office Building with
120 East 300 North, Provo, UT 84606
A three-level professional office building with abundant natural light and paved parking for tenant and visitor convenience.
Type:Office
Property size:
12,549 SFPrice / SF:
$165/SF- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 24 at 2:43 am
Property Features for 120 East 300 North
General Information
- Standard status
- Active
- Size
- 12,549 SF
- Property subtype
- Office
Building Details
- Year Built
- 1977
Listing office Colliers - Pleasant Grove - Utah County, Utah
Listing date Jun 19, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Pleasant Grove - Utah County, Utah
HighLights
- Delphi Building: 12,549 SF professional office building at 120 E 300 N in central Provo
- Built in 1977 with three functional levels of office space
- Currently configured as a law office with reception, conference, private offices, library, kitchen, and open workspace
- Upper level includes five private offices, including north‑facing executive offices with floor‑to‑ceiling windows
- Includes 33 dedicated parking stalls in a paved lot east of the building, plus additional street parking on 300 North
- Located in Provo’s RC Residential Conservation Zone; buyer to verify continued office use, zoning, and future options with Provo City
Overview
The Delphi Building is a distinctive 12,549 SF professional office property built in 1977. The building is arranged across three functional levels and currently configured as a law office, with a practical mix of reception space, conference room(s), private offices, library areas, kitchen, storage, open workspace, and an unfinished area that can support future flexibility. The main level includes reception, a large conference room, restrooms, private offices, and flexible work areas. The lower level provides two library areas, kitchen, storage, additional office space, and additional unfinished space. The upper level includes five private offices, including north-facing executive offices with floor-to-ceiling windows.
Located in central Provo at 120 East 300 North, the property is positioned on a site with beautifully maintained grounds. The paved lot east of the building includes 33 dedicated parking stalls, and additional street parking is available along 300 North. The adjacent multifamily property may be available for an additional cost. The building is in Provo’s RC Residential Conservation Zone.
This offering fits office users seeking a turn-key, multi-level layout designed for professional services, with areas for reception, collaboration, and private work. Buyers should verify continued office use and zoning requirements with Provo City, along with any future property options related to the adjacent site.
Located in central Provo at 120 East 300 North, the property is positioned on a site with beautifully maintained grounds. The paved lot east of the building includes 33 dedicated parking stalls, and additional street parking is available along 300 North. The adjacent multifamily property may be available for an additional cost. The building is in Provo’s RC Residential Conservation Zone.
This offering fits office users seeking a turn-key, multi-level layout designed for professional services, with areas for reception, collaboration, and private work. Buyers should verify continued office use and zoning requirements with Provo City, along with any future property options related to the adjacent site.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $275.6k | $21.96 |
| − Vacancy | −$63.9k | −$5.09 |
| EGI | $211.6k | $16.87 |
| − OpEx | −$52.9k | −$4.22 |
| NOI | $158.7k | $12.65 |
12,549 SF · lease $21.96/SF/yr · vacancy 23.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.27M
$1.98M – $2.65M
NOI $158,732 @ 7.0% cap · market cap 7.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.46M
$3.03M – $4.04M
NOI $242,268 @ 7.0% cap · market cap 11.65%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Howard Lewis & Petersen ...
Law Firm
Parkinson Ken
Law Firm
Jacob S. Gunter
Law Firm
D. David Lambert
Law Firm
Don R. Petersen
Law Firm
Location Insight
- Map
- Local Demand
- City
- Provo
- County
- Utah
- State
- Utah
- Longitude
- -111.6564311
- Latitude
- 40.2375662
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - A three-level professional office building with abundant natural light and paved parking for tenant and visitor convenience.
Where is this office building located?
The property is located at 120 East 300 North Provo, UT.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: Delphi Building: 12,549 SF professional office building at 120 E 300 N in central Provo; Built in 1977 with three functional levels of office space; Currently configured as a law office with reception, conference, private offices, library, kitchen, and open workspace
