Property summary
This exceptional Class A executive office building, located at 49 N 500 E in Price, Utah, presents a compelling investment opportunity. Boasting 1,909 square feet of net rentable space on a 0.26-acre lot, this single-tenant property is impeccably maintained and features high-end fixtures and amenities. Built in 2005 and renovated in 2015, the building offers a modern and efficient layout. The interior includes three private offices (with the potential to convert additional rooms into offices), two bathrooms, a kitchen, a printer room, a conference room, a file room, and a reception area. All rooms are equipped with LED lighting. Ample parking is provided with 12 designated spaces, illuminated by automatic LED lighting. High-speed fiber internet is available through Emery Telcom. A Vivint alarm system is currently installed (with a $59/month monitoring fee). The property is zoned C1 and sits conveniently between University Blvd and Main Street, offering easy access to local amenities and businesses. The asking price is $465,000, translating to $243.58 per square foot. This turnkey operation presents a rare opportunity to acquire a well-maintained, high-quality office building in a desirable location. The building's features, combined with its prime location, make it an ideal investment for discerning buyers.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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