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    1 Center St Provo, UT 84606

    • Turn key restaurants
    • 20,901 SF
    • 0.12 lot acres
    For Sale
    View listing
    $8,029,000
    Value Estimation
    Location Intelligence
    Property ID
    US86-1470825
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Survive Designs / Boutique
    • Normandy Homecare / Home Health Care Service / Health Insurance Agency
    • REMS Inc / Property Management Company / Apartment Rental Agency
    • Gumtree Therapy / Mental Health Service / Marriage Or Relationship Counselor
    • Handcrafted Websites for Quilt, Scrapbook, and Craft Stores / Store

    Property Details for 1 Center St

    Year built
    1910
    Lot size
    0.12 lot acres
    Property size
    20,901 SF
    Property type
    Turn key restaurants
    APN
    05-028-0009
    APU
    50280009

    Description

    This historic three-story office building, located at 1 E Center St, Provo, UT 84606, offers multiple tenancy options in the heart of Provo's Central Business District. The 27,415 square foot building, constructed in 1910 and classified as Class B, boasts high ceilings, exposed brick, hardwood floors, and tall windows, creating a unique and desirable workspace. Individual suites range from a minimum of 345 square feet to a maximum contiguous space of 1,155 square feet, with 1,500 square feet currently vacant. The building features a convenient location on the corner of University Ave and Center St, providing excellent visibility and accessibility. The 0.16-acre lot houses a building with three stories and includes elevators for easy access to all floors. Ideal for businesses seeking a prestigious address and character-filled office space in a vibrant urban setting, this property presents a rare opportunity to establish a presence in Provo's thriving downtown core. The building's traditional office layout is perfect for a variety of businesses, and the available space offers flexibility for customization. Don't miss this chance to secure your space in this iconic Provo landmark.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.658
    Latitude
    40.234
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,714
    $0.00
    $0.00
    $2,010,100
    -
    $529,700
    $1,480,400
    $2,010,100

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    Provo, UT 84606
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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
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