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23911355
23911354

40 S Freedom Blvd, Provo, UT 84601

MS
10348918-SA00
Sumsion Real Estate
Listed by Sumsion Real Estate
$750,000
360 days on market
Updated 12 days ago
Opportunity zone

40 S and 22 Freedom Blvd

Details
Property Type Industrial, Retail
Sub Type Flex
Square Footage 11,093
NOI $33,750
Tenancy Multi
Price per SqFt $81
Year Built 1940
Acreage 0.130

Provo Historic Center St. Portfolio | Income-Producing + Vacant Opportunity

Marketing description

For Sale. Historic Center Street Commercial Buildings. Opportunity to acquire 11,093 sqft and revitalize two connected historic buildings in a central Provo Center Street location. Though on separate tax identification numbers, the buildings share an upstairs layout and are being sold together. One building currently produces $33,750 in annual net income from a lease with BitJump, which runs through November 2027. Businesses are not for sale. The other building is vacant. The seller is open to joint ventures, partnerships, seller financing, or other creative structures. Do not disturb tenant. Showings must be scheduled in advance. Floor plans and 3D tours available. Additional adjacent buildings are also for sale and lease. Contact agent for more information.

Listing Contacts

MS
10348918-SA00
Sumsion Real Estate
Listed by Sumsion Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$33,750.00
$2,812.50/mo

Valuation Metrics

0
DSCR
4.5%
Cap Rate
4.5%
ROI

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