Property summary
This exceptional redevelopment opportunity presents a 2,704-square-foot industrial building situated on a 0.28-acre lot in Ogden, Utah's historic industrial sector at 3050 Grant Avenue, zip code 84401. Currently operating as a 100% occupied auto repair shop, this single-tenant Class C property offers significant potential for various uses. The building features a 52x52 shop area, a front office space, and basement storage, providing ample versatility. The property boasts a 9-foot ceiling height and 24 parking spaces, enhancing its functionality. The asking price is $449,900, translating to $166.38 per square foot. The property generates a Net Operating Income (NOI) of $13,200. The building is served by a 100-amp electrical service. Zoned CP3 (Regional Commercial), the property allows for a range of uses, detailed in Ogden City's zoning code (available online). Seller financing with a substantial down payment is available. Note that all personal property is excluded from the sale. This distressed property presents a unique chance to acquire a well-located industrial asset with substantial upside potential for redevelopment or continued operation. The property is located in Weber County, Utah. This is an owner-occupied property.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
03A · Ogden, UTZoning
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