1506 Washington Blvd Ogden, UT 84404-5749
- Retail space
- 1,037 SF
- 0.03 lot acres
Current Use by Public Records
- Garden of Ink / Tattoo Shop
- Ogden Spellbound / Tattoo Shop
Property Details for 1506 Washington Blvd
- Year built
- 1954
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.03 lot acres
- Property size
- 1,037 SF
- Zone code
- 03A
- Property type
- Retail space
- APN
- 02-053-0018
- APU
- 20530018
Description
This exceptional retail property, located at 1506 Washington Boulevard in Ogden, Utah, presents a fantastic investment opportunity. Situated on a 0.03-acre lot, the well-maintained building enjoys excellent visibility due to its prime location on a high-traffic road. The property's size is not specified, however, its strategic placement ensures significant exposure to potential customers. A key advantage is the possibility of a bundled sale with the adjacent property at 1510 Washington Boulevard, which is under the same ownership. This presents a unique opportunity to acquire a larger footprint or consolidate holdings in a desirable commercial area. For qualified buyers, there's an attractive incentive: a seller-affiliated bridge loan is available. This financing option covers up to 100% of the purchase price and notably, includes no origination charges. This makes the acquisition significantly more accessible and reduces upfront financial burdens. The property is priced at $240,000, making it a compelling proposition for investors seeking a strong return in a thriving Ogden commercial district. Interested parties are encouraged to inquire for further details regarding the property's dimensions and the specifics of the bundled sale and financing options.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $280,000
- 7%
- $285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $295,000
- Geo Method
- $305,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $265,000
- Retail
- $260,000
- Mixed-Use
- $255,000
- Hospitality
- $260,000
- Educational
- $295,000
- Residential Income
- $260,000
- Energy
- $315,000
- Income-Based Land
- $285,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Ogden
- County
- Weber
- State
- Utah
- Longitude
- -111.97
- Latitude
- 41.2395
- CBSA code
- 36260
- CBSA name
- OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA