Restaurant Space with
For Sale
$699,000
421 S Washington Blvd, Ogden, UT 84404
2,624 SF restaurant space with drive-thru on Washington Blvd.
Property Size2,624 SF
Price / SF$266.39
Days on Market212
Property Features for 421 S Washington Blvd
General Information
Standard status
Active
Size
2,624 SF
Building Details
Year Built
1946
Listing Agency:
Crest Realty LLC
Listed By:
Bradley Lasater
(801) 564-7097
Source:
Thehonorgrouputah
Added: Mar 27
Changed: Oct 3
Last Checked: Oct 7 at 3:19PM
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 Crest Realty LLC
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Investment Insights
Based on property information with market context.
This 2,624-square-foot space, previously a restaurant, is available on Washington Blvd, which benefits from high visibility and an average daily traffic count of 34,000 vehicles. The property can be remodeled to suit various business needs and features a drive-thru window and off-street parking. This location is suitable for a range of commercial ventures.
Key Highlights
- High‑visibility location on Washington Blvd with 34,000 average daily traffic count.
- Existing drive‑thru window.
- Ample off‑street parking.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,922
Cap Rate
4.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,440
$678.4K
Cap Rate 7%
$484,600
$484.6K
Cap Rate 9%
$376,911
$376.9K
Market Conditions
NOI Build-Up for 2,624 SF
Gross rent
$51.0K $19.44/SF
− Vacancy
−$2.6K −$0.97/SF
EGI
$48.5K $18.47/SF
− OpEx
−$14.5K −$5.54/SF
NOI
$33.9K $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%
$678,440
Cap Rate 7%
$484,600
Cap Rate 9%
$376,911
Alternative Uses
Best Use
Retail
$484.6K
$424.0K – $565.4K
NOI $33,922 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$605.2K
$529.6K – $706.1K
NOI $42,364 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
483
Businesses Nearby
111k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 16%
Home Improvements & Furnishings 9%
Electronics 2%
Dollar Tree
Shops & Services
28,555 visits/mo
0.4 miles
Maverik Adventures First Stop
Shops & Services
21,295 visits/mo
0.3 miles
Harbor Freight Tools
Home Improvements & Furnishings
9,824 visits/mo
0.4 miles
Burger King
Dining
7,807 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
6,335 visits/mo
0.4 miles
Demographics for 84404, UT
66,382
Population
23,907
Households
2.8
Avg Household Size
32
Median Age
22%
College-Educated
89%
High-School Grad
96.3 sq mi
ZIP Area
689
Density / Sq Mi
$81,917
Median Household Income
$42,844
Median Earnings
$1,304
Median Rent
$352,700
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
Frequently Asked Questions
What type of property is this?
Retail space - 2,624 SF restaurant space with drive-thru on Washington Blvd.
Where is this retail space located?
The property is located at 421 S Washington Blvd Ogden, UT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High‑visibility location on Washington Blvd with 34,000 average daily traffic count.; Existing drive‑thru window.; Ample off‑street parking.
