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29830687
29830689

216 24th St, Ogden, UT 84401 For Sale

MA
UT 9520484
Berkshire Hathaway HomeServices Utah Properties Park City
Listed by Berkshire Hathaway HomeServices Utah Properties Park City
$359,000
148 days on market
Updated 18 days ago
Opportunity zone

216 24th St. Ogden UT

Details
Property Type Office
Sub Type Traditional Office
Square Footage 975
Net Rentable (SqFt) 975
Units 1
Cap Rate 0.62%
NOI $1,854
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 2
Lease Expiration 03/01/2026
Rent Bumps Yes
Lease Options tenant wants 3 more years
Price per SqFt $368
Broker Co-Op Yes
Class B
Year Built 1949
Year Renovated 2023
Buildings 1
Stories 1
Investment Type Net Lease
Lease Commencement 03/01/2024
Occupancy Date 03/01/2024

Office | 0.62% CAP | 975 SqFt

Marketing description


Located next to Lindquest Field, across from the Summit hotel, Slackwater pizza and a block from the Junction and other great Ogden location. please do not disturb any tenants Tenant occupied, please contact agent to show. Do Not Go Show Property During Business Hours. Current tenant lease expires 3/1/2026 Tenant wants to renew lease with new terms for 36 mo. at that time. Long term tenant, who would like to stay. Building is in good condition & currently used a Barber Shop / Hair Salon. Wonderful updates inside give great balance to the traditional Ogden brick. Off street parking and shared rear build parking available. Offers street traffic from super busy 24th street, walk by’s and exposure from large businesses. please do not disturb any tenants. Minimum 24 hr showing notice required.

Listing Contacts

MA
UT 9520484
Berkshire Hathaway HomeServices Utah Properties Park City
Listed by Berkshire Hathaway HomeServices Utah Properties Park City

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,854.00
$154.50/mo

Valuation Metrics

0
DSCR
0.52%
Cap Rate
0.52%
ROI

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Additional Information

Name
Mark Apuna
License
9520484
Brokerage
Berkshire Hathaway Home Services
Brokerage Phone
801-781-2223
Title
Realtor
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