Maxwell Square
Office | Redevelopment Opportunity | 4,293 SF Building | 0.62 Acres
Marketing description
Downtown American Fork Covered Land Play | CC-1 Central Commercial Zoning
Exceptional redevelopment opportunity in the heart of American Fork. 140 N 100 E is offered together with the adjacent parcel (126 N 100 E) for a combined total of approximately 0.62 acres (27,007 SF) on the east side of 100 East between 100 North and 200 North.
The primary parcel includes a 4,293 SF office building (2,557 SF main level + 1,736 SF finished basement) constructed in 1975, supported by 25 surface parking stalls (5.82:1,000 SF ratio). The adjacent parcel consists of vacant land, allowing flexibility for phased development or full-site redevelopment.
The property is currently zoned CC-1 Central Commercial, American Fork's downtown core designation, which permits a broad range of uses including retail, office, restaurant, hotel, theater, and higher-density residential above ground-floor commercial — making this one of the most flexible zoning classifications in the city.
CC-1 is designed to maintain the central business district as the "heart of the city," encouraging street-level commercial activity with upper-floor residential and mixed-use development. The zone supports the kind of infill, mixed-use projects that align with American Fork's active downtown revitalization efforts.
Located 1.5 blocks north of State Street and approximately 1.2 miles from I-15 access, the property benefits from strong visibility, proximity to transit, and immediate access to the Silicon Slopes employment corridor, schools, retail, and services. The FrontRunner commuter rail station is 1.8 miles away, with nearby traffic counts exceeding 21,000 VPD.
The existing office structure provides optional owner-user occupancy or interim lease income while redevelopment plans are pursued.
Both parcels are under common ownership and will be conveyed together.
Buyer to verify zoning, permitted uses, development standards, square footage, acreage, and all material facts with American Fork City Planning (Sec. 17.4.401).
Investment highlights
0.62 Acre Covered Land Play
- 27,007 SF combined site
- Approx. $55.35/SF land basis
CC-1 Central Commercial Zoning (Downtown Core)
- Permits retail, office, restaurant, hotel, and higher-density residential
- Street-level commercial with upper-floor residential allowed
- Located within American Fork's central business district
- Buyer to verify all development standards with American Fork City Planning (Sec. 17.4.401)
Prime Downtown Location
- 1.5 blocks to State Street
- 1.2 miles to I-15 access
- 1.8 miles to FrontRunner Station
- Traffic counts exceeding 21,000 VPD nearby
Optional Income During Entitlement
- 4,293 SF existing office building
- 25 surface parking stalls
- Flexible owner-user or interim lease strategy
Long-Term Redevelopment Upside
- CC-1 zoning supports mixed-use intensification in the downtown core
- City actively rewriting code to encourage downtown revitalization
- Potential for significantly higher density and mixed-use development
- Rezoning or code update may further expand permitted uses (subject to city approval)
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