Listed by Keller Williams Realty Western Trails, KW Commercial KW South Valley Keller Williams
$1,500,000
69 E Center Street
Details
APN 05:028:0002
Property Type Multifamily, Land
Sub Type Single Family Rental Portfolio, Residential
Square Footage 23,150
Net Rentable (SqFt) 23,150
Units 20
Price per SqFt $65
Broker Co-Op Yes
Class A
Year Built TBD
Buildings 1
Stories 5
Acreage 0.110
Zoning DT1
Investment Type Redevelopment
Ground Lease No
Ownership Owner/Operator/Investment
Shovel Ready Mixed Use Redevelopment Opportunity
Marketing description
Approved mixed-use development opportunity in the heart of downtown Provo. This shovel-ready, 23,150 SF planned project is fully entitled for a DT1-zoned building featuring 20 condo or apartment residences with a rooftop deck, plus 4,000 SF of street-level commercial space.
Positioned for standout appeal with incredible Provo Temple views and walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers. The site sits in a tax-advantaged Opportunity Zone and is framed by an apartment building and record store, with a public parking structure directly behind—supporting strong visibility, built-in demand, and convenient access. Buyer can move forward with the approved plans or submit new concepts.
Investment highlights
- Fully entitled + shovel-ready: Approved mixed-use project with plans in place, reducing timeline and entitlement risk.
- Prime DT1 downtown Provo zoning: Located in the heart of downtown with high-demand mixed-use zoning.
- Strong program mix: 20 condo residences (with rooftop deck) + 4,000 SF street-level commercial for activated frontage.
- Signature views + walkability: Exceptional Provo Temple views and immediate access to dining, retail, parks, arts, and events.
- Built-in access and demand drivers: Opportunity Zone location, next to existing uses, and a public parking structure directly behind for convenience and visibility.
Listing Contacts
Listed by Keller Williams Realty Western Trails, KW Commercial KW South Valley Keller Williams
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