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Shovel-Ready Mixed-Use Development Land

69 E Center St, Provo, UT 84606

For Sale
$1,500,000

Entitled DT1-zoned site for a mixed-use project with residences and 4,000 SF of street-level commercial space.

Property Size23,150 SF
Price / SF$64.79
Days on Market116

Property Features for 69 E Center St

General Information

Standard status Active
Size 23,150 SF
Property subtype Multi-Family
Zoning DT1

Site & Location

Neighborhood Joaquin

Additional Details

Opportunity Zone Yes
Multifamily Units 20

Building Details

Year Built 1925
Listing Agency: KW South Valley Keller Williams
Listed By: Tori Tarver
Source: Chancehammock
Added: Jul 17 Changed: Oct 26 Last Checked: Oct 7 at 2:42PM

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 KW South Valley Keller Williams

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Investment Insights

Based on property information with market context.

This approved, shovel-ready development site is fully entitled for a DT1-zoned mixed-use project in downtown Provo. The planned project includes 20 condo or apartment residences with a rooftop deck and approximately 4,000 SF of street-level commercial space.

The site is positioned with views of the Provo Temple and offers walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers, with convenient nearby public parking behind the site. It is located in a tax-advantaged Opportunity Zone and is currently framed by an apartment building and a record store.

A buyer may move forward with the approved plans or submit new concepts for redevelopment.

Key Highlights

  • Approved, shovel‑ready mixed‑use development in downtown Provo for a planned 23,150 SF project.
  • DT1‑zoned entitlement for 20 condo or apartment residences with a rooftop deck.
  • Includes 4,000 SF of street‑level commercial space.

Property Analytics

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Suggested Use

Top Pick Carpet & Flooring Store Wine and Liquor Store (Bike/Boat/Book/etc) Store Pet Store & Service Tattoo & Piercing Shop Home Appliance Store

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

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

2,575
Businesses Nearby

Demographics for 84606, UT

33,791
Population
11,428
Households
3
Avg Household Size
25
Median Age
45%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
2,913
Density / Sq Mi
$52,110
Median Household Income
$14,955
Median Earnings
$1,149
Median Rent
$407,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Utah County

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Frequently Asked Questions

What type of property is this?
Commercial land - Entitled DT1-zoned site for a mixed-use project with residences and 4,000 SF of street-level commercial space.
Where is this commercial land located?
The property is located at 69 E Center St Provo, UT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approved, shovel‑ready mixed‑use development in downtown Provo for a planned 23,150 SF project.; DT1‑zoned entitlement for 20 condo or apartment residences with a rooftop deck.; Includes 4,000 SF of street‑level commercial space.
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