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Ogden Retail Space For Sale
For Sale
$750,000

3125 Washington Blvd, Ogden, UT 84401

4,960 SF retail space in the heart of Ogden.

Property Size4,960 SF
Price / SF$151.21
Days on Market149

Property Features for 3125 Washington Blvd

General Information

Standard status Active
Size 4,960 SF

Building Details

Year Built 1964
Listing Agency: Core Utah Real Estate
Listed By: Caden S Butterfield · License #12748625-SA00
Source: Thehonorgrouputah
Added: May 19 Changed: Oct 5 Last Checked: Oct 7 at 5:04PM

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 Core Utah Real Estate

Investment Insights

Based on property information with market context.

This 4,960 square-foot commercial property, previously used as a furniture store, is located in the heart of Ogden. The property features an open floor concept, signage on Washington Boulevard, and 34 parking stalls. It is situated approximately 3 minutes from I-15. The building includes 2 bathrooms. This property is suitable for investment or owner-user purposes.

Key Highlights

  • 6.6% Cap Rate Investment Opportunity based on current tenants.
  • Heart of Ogden location.
  • 34 Parking Stalls.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,121
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,420 $1.3M
Cap Rate 7%
$916,014 $916.0K
Cap Rate 9%
$712,456 $712.5K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$96.4K $19.44/SF
− Vacancy
−$4.8K −$0.97/SF
EGI
$91.6K $18.47/SF
− OpEx
−$27.5K −$5.54/SF
NOI
$64.1K $12.93/SF
Area
Weber County, UT
Vacancy
5.00%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,420
Cap Rate 7%
$916,014
Cap Rate 9%
$712,456

Alternative Uses

Best Use
Retail
$916.0K
$801.5K – $1.07M (±1% cap)
NOI $64,121 @ 7.0% cap · market cap 8.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M (±1% cap)
NOI $80,079 @ 7.0% cap · market cap 10.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Maribel's Fitness Gym & Fitness Center

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Catering Service Pet Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
88k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 24% Home Improvements & Furnishings 3% Electronics 1%
Dollar Tree Shops & Services
15,584 visits/mo 0.1 miles
Rancherito's Dining
12,753 visits/mo 0.5 miles
Arby's Dining
7,202 visits/mo 0.3 miles
Chevron Shops & Services
6,557 visits/mo 0.3 miles
7-Eleven Shops & Services
5,738 visits/mo 0.3 miles

Demographics for 84401, UT

42,968
Population
18,615
Households
2.3
Avg Household Size
32
Median Age
26%
College-Educated
90%
High-School Grad
30.7 sq mi
ZIP Area
1,400
Density / Sq Mi
$77,333
Median Household Income
$41,295
Median Earnings
$1,179
Median Rent
$410,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 4,960 SF retail space in the heart of Ogden.
Where is this storefront property located?
The property is located at 3125 Washington Blvd Ogden, UT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 6.6% Cap Rate Investment Opportunity based on current tenants.; Heart of Ogden location.; 34 Parking Stalls.
More about this property
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