2401 Kiesel Ave Ogden, UT 84401
- Office Properties & Spaces
- 38,154 SF
- 0.25 lot acres
Current Use by Public Records
- La Crepe Og Gourmet / Restaurant / Breakfast Restaurant
Property Details for 2401 Kiesel Ave
- Year built
- 1913
- Lot size
- 0.25 lot acres
- Property size
- 38,154 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ogden
- County
- Weber
- State
- Utah
- Longitude
- -111.972
- Latitude
- 41.2226
