For Sale
$950,000

485 100Bountiful, UT 84010

Prime Bountiful location, two units, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property presents a rare owner-user or investment opportunity in Bountiful, Utah. Situated on a highly visible corner lot (0.28 acres) at 485 100 East, this property boasts 4,984 square feet across two buildings, offering a unique blend of historic charm and modern amenities. The main building, a renovated 4,090 square-foot office space, features three floors, seven private offices, two reception areas, a large common workspace, a kitchenette, and laundry facilities. Six entrances provide excellent accessibility. Recent renovations (2011 and 2023) include updated bathrooms, new flooring, plantation shutters, and modern lighting. The building's architectural details, including a grand entryway, arched doorways, and coffered ceilings, create a sophisticated atmosphere. A separate 894-square-foot studio office with a bathroom and a three-car garage provides additional income potential or expansion space. The property is currently 100% occupied with two tenants. The asking price is $950,000, with seller financing considered for qualified buyers ($500,000-$700,000 down payment). The current rent for the main office building is below market value. Six additional parking spaces are leased from a neighboring property for $500 per month. The property is zoned for professional office use and is located in a high-traffic area. The building's history includes a previous feature in the Parade of Homes. The current tenant is willing to relocate if the property is sold and may be willing to sell their furnishings. All information should be verified independently by the buyer.

Highlights

  • $950,000 asking price for a multi-tenant office building.
  • 4,984 square feet on a 0.28-acre lot in Bountiful, UT.
  • Two separate rental units: a 4,090 SF renovated office building and an 894 SF studio office with a three-car garage.
  • 100% occupancy with two tenants.
  • Prime corner location with high visibility.

Property Details for 485 100

Property type
Office properties, Medical offices
Square Feet
4,984 SF
Class
B
Year Built
1933
Buildings
2
Stories
2
Lot Size (sq. ft)
12,197 SF
Units
2

Location Insight

City
Bountiful
County
Davis
State
Utah
Latitude
40.8845552
Longitude
-111.8781281
485 100, Bountiful, Utah

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485 100
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