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    1551 Main St Bountiful, UT 84010

    Sponsored
    For Lease
    Contact for pricing

    Modern medical office space in prime location.

    Lot size:
    120,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional five-story, Class B medical office building, located at 1551 South Main Street in Bountiful, Utah, offers a unique investment opportunity. Built in 2005, the Bountiful Renaissance Tower boasts a total of 120,000 square feet situated on a 0.55-acre lot. The property is zoned C-G and features a single building with multiple tenants. Seven spaces are currently available, ranging in size from 1,108 square feet to a maximum contiguous space of 12,703 square feet. The minimum divisible space is 1,295 square feet, providing flexibility for various medical practices or related businesses. The building's diverse subtype includes medical office, restaurant, and regional center uses, reflecting its versatility and potential for a wide range of tenants. Its convenient location in Bountiful, Davis County (APN 032250001), and zip code 84010, ensures high visibility and accessibility. This property presents a compelling opportunity for investors seeking a well-established, multi-tenant medical office building in a thriving Utah community. The building's size and layout offer significant potential for growth and long-term returns.

    Property Features for 1551 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,000 SF
    Class
    B

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    5

    Unit(s) available at that property

    Space
    102
    Size
    1,797 SF
    Space
    360
    Size
    3,388 SF
    Space
    370
    Size
    2,554 SF
    Space
    103
    Size
    3,185 SF
    Space
    500
    Size
    12,703 SF
    Space
    570
    Size
    1,295 SF
    Space
    470
    Size
    1,108 SF

    HighLights

    • Direct access with signage opportunity.
    • 1,295 to 23,465 square feet available for lease.
    • 4,000 square feet of parking per 1,000 square feet of rentable space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Scott Thompson Otolaryngologist Dr. Steven Kelly Otolaryngologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bountiful
    County
    Davis
    State
    Utah
    Longitude
    -111.8861746
    Latitude
    40.8742051

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    FAQs

    What type of property is this?
    Restaurant - Modern medical office space in prime location.
    Where is this restaurant located?
    The property is located at 1551 Main St Bountiful, UT.
    What are key features of this property?
    This property features: Direct access with signage opportunity.; 1,295 to 23,465 square feet available for lease.; 4,000 square feet of parking per 1,000 square feet of rentable space.
    Request Owner's contact information
    1551 Main St Bountiful, UT 84010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1551 Main St Bountiful, UT 84010
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