225 Ctr St Provo, UT 84601-4430
- Turn key restaurants
- 4,875 SF
- 0.11 lot acres
Current Use by Public Records
- Primetime Affordable Auto Insurances / Auto Insurance Agency / Commercial Agent
- Vegan Sun / Vegan Restaurant / Restaurant
Property Details for 225 Ctr St
- Year built
- 1929
- Lot size
- 0.11 lot acres
- Property size
- 4,875 SF
- Property type
- Turn key restaurants
- APN
- 04-059-0020
- APU
- 40590020
Description
This 4,875 square foot retail property, located at 225 W Center St, Provo, UT 84601, is offered for sale at $1,050,000. The property, built in 1929, sits on a 0.11-acre lot (APN 04:059:0020) and is zoned DT1. Currently, the front portion (approximately 3,075 square feet) is leased to Vegan Sun under a triple net (NNN) lease with 6 years remaining, generating $43,992 in annual rent. An additional 1,800 square feet of vacant space is available, along with a smaller space (approximately 1,000 sq ft) currently leased month-to-month for $400. The building offers a significant value-add opportunity
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
- Provo
- County
- Utah
- State
- Utah
- Longitude
- -111.663
- Latitude
- 40.2333
- CBSA code
- 39340
- CBSA name
- PROVO-OREM, UT METROPOLITAN STATISTICAL AREA