2401 Kiesel Ave Ogden, UT 84401
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.
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La Crepe Og Gourmet Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.