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Property profile & analytics
OFF-MARKET
Office Spaces

2401 Kiesel Ave Ogden, UT 84401

38,154 SF 0.25 ac lot Built 1913
Property ID
Property summary
AI-generated overview

This exceptional 38,154 square foot, five-story creative office building, located at 2401 Kiesel Ave, Ogden, UT 84401, presents a compelling investment opportunity. Built in 1913 and fully renovated in 2019, the property boasts stunning architectural details including exposed brick, concrete, modern glass, and dramatic ceiling heights. Currently 100% occupied by twelve tenants under a triple net lease (NNN), this multi-tenant building offers a strong 7.17% cap rate at an asking price of $7,775,000 ($203.77/SF). Situated on a 0.25-acre lot (APN 01-021-0096), the Kiesel Building enjoys a prime location in the heart of Downtown Ogden, adjacent to the Ogden Eccles Conference Center and the Junction, a vibrant hub of dining and entertainment. A basement, not included in the listed square footage, provides valuable storage space. The building's Class B designation and its impressive blend of historic charm and modern amenities make it an attractive investment for discerning buyers. This is a rare opportunity to acquire a fully leased, high-performing asset in a thriving urban core.

Property profile
Verified
Property type Office Spaces
Year built 1913
Total area 38,154 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Crepe Og Gourmet Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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