Ogden Exchange 155 31st St 24,328 SF 100% Leased Flex Building Ogden, UT 84401 $3,797,000 ($156.08/SF) 5.10% Cap Rate

EXECUTIVE SUMMARY

Discover the potential of this exceptional 1.56-acre commercial property, fully tenant-occupied and offered as an ideal investment. Extensively renovated in 2019 to offer a flexible layout adaptable for various uses, this 24,116 square foot building boasts expansive open office spaces complemented by multiple private offices, conference rooms, a lounge, and a game room, a communications room, and an inviting outdoor patio. The building also features a temperature-controlled warehouse with 3-Phase power and a 10' x 10' dock-high overhead door with an additional 364 SF storage garage with an 8' x 10' dock-high overhead door. Strategically situated near the corner of 31st Street and Wall Ave, the property provides ample off-street parking to accommodate both staff and client vehicles conveniently. Close to major transportation routes in bustling downtown Ogden City. ADA Compliant. Ogden City HUBZone Certified. Current rent roll and lease information available with a signed NDA. Owner/Agent

PROPERTY FACTS

Price $3,797,000
Price Per SF $156.08
Sale Type Investment
Cap Rate 5.10%
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • OfficeLoft Creative Space
Building Class B
Lot Size 1.56 AC
Rentable Building Area 24,328 SF
No. Stories 1
Year Built/Renovated 1942/2019
Parking Ratio 3.68/1,000 SF
No. Dock-High Doors/Loading 2
Zoning C-2 - C-2 Zoning

PROPERTY TAXES

  • Listing ID: 32826955

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: 155 31st St, Ogden, UT 84401