Overview
This exceptional investment opportunity presents a rare chance to acquire a historic, multi-tenant office building in Ogden, Utah. Located at 290 25th St, this prominent property boasts over 30,319 square feet across two buildings and three stories, built in 1913. The building features a versatile layout with ground-floor retail space and office space on the upper two floors. Its prime location on 25th St and Grant Ave offers high visibility, situated directly across from the federal building and a short distance from the courthouse. Security features include access control, video cameras, and additional exterior doors. A shared courtyard enhances tenant appeal, and rentable basement storage units provide an additional revenue stream. Currently, the building enjoys over 90% occupancy with strong lease rates. The asking price is $3,100,000 ($102.25/sq ft), and the property includes 19 units, zoned H-25, and sits on a 0.64-acre lot. The sale includes multiple parcel numbers: 01-074-0001, 01-074-0010, 01-074-0003, 01-074-0004, 01-074-0005, 01-074-0006, 01-074-0007, 01-074-0008, 01-074-0009, 01-074-0012, 01-074-0013, 01-074-0014, 01-074-0017, 01-074-0018, and 01-074-0002. This property offers a blend of historical charm, a desirable location, and strong financial performance, making it an attractive investment.