Retail and Office Building with
For Sale
Contact for pricing
55 N University Ave, Provo, UT 84601
Downtown retail and office building with modernized suites, upgraded common areas, and a three-story on-site parking structure.
Property Size89,951 SF
Lot Size2.21 Acres
Days on Market365
Property Features for 55 N University Ave
General Information
Standard status
Active
Size
89,951 SF
Lot size
2.21 Acres
Property subtype
OFFICE
Occupancy
69%
Additional Details
Business Included
No
Amenities
on-site parking structure
upgraded common areas
historic architectural details
Listing Agency:
Colliers | Salt Lake City Downtown
(801) 441-5937
Listed By:
Grant Lammersen · License #UT-8169946-CN00
(801) 441-5924
Source:
Moodyscre
Added: Sep 17, 2025
Changed: Sep 16
Last Checked: Sep 15 at 10:13AM
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 | Salt Lake City Downtown
Investment Insights
Based on property information with market context.
Provo Town Square (PTS) is an 89,951-square-foot retail and office building situated in downtown Provo. The property is currently 69% leased and includes recent capital improvements such as modernized tenant suites, upgraded common areas, and preserved historic architectural details.
PTS is positioned along the city’s primary thoroughfares and is within close walking distance to Brigham Young University. An on-site three-story parking structure supports tenant and visitor convenience, an uncommon amenity in the downtown core.
The offering is a value-add opportunity driven by lease-up and rent growth, supported by the building’s mix of retail and office space and its central, walkable location in an institutionally anchored market.
PTS is positioned along the city’s primary thoroughfares and is within close walking distance to Brigham Young University. An on-site three-story parking structure supports tenant and visitor convenience, an uncommon amenity in the downtown core.
The offering is a value-add opportunity driven by lease-up and rent growth, supported by the building’s mix of retail and office space and its central, walkable location in an institutionally anchored market.
Key Highlights
- 89,951‑square‑foot retail and office building in downtown Provo, Utah
- 69% leased, with a 2.21‑acre property site in the Provo‑Orem metro area
- Recent capital improvements include modernized tenant suites and upgraded common areas
Property Analytics
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Current Use
Lease Details
69%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,497
Businesses Nearby
Explore this area
Business Placement
Demographics for 84601, UT
33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown retail and office building with modernized suites, upgraded common areas, and a three-story on-site parking structure.
Where is this mixed-use property located?
The property is located at 55 N University Ave Provo, UT.
What are key features of this property?
This property features: 89,951‑square‑foot retail and office building in downtown Provo, Utah; 69% leased, with a 2.21‑acre property site in the Provo‑Orem metro area; Recent capital improvements include modernized tenant suites and upgraded common areas
