2401 Kiesel AveOgden, UT 84401

Property Details for 2401 Kiesel Ave

Year built

1913

Lot size

0.25 AC

Property size (Sq ft)

38,154 SF

Property type

Office properties

Property subtype

Office space

Description

This exceptional 38,154 square foot, five-story creative office building, located at 2401 Kiesel Ave, Ogden, UT 84401, presents a compelling investment opportunity. Built in 1913 and fully renovated in 2019, the property boasts stunning architectural details including exposed brick, concrete, modern glass, and dramatic ceiling heights. Currently 100% occupied by twelve tenants under a triple net lease (NNN), this multi-tenant building offers a strong 7.17% cap rate at an asking price of $7,775,000 ($203.77/SF). Situated on a 0.25-acre lot (APN 01-021-0096), the Kiesel Building enjoys a prime location in the heart of Downtown Ogden, adjacent to the Ogden Eccles Conference Center and the Junction, a vibrant hub of dining and entertainment. A basement, not included in the listed square footage, provides valuable storage space. The building's Class B designation and its impressive blend of historic charm and modern amenities make it an attractive investment for discerning buyers. This is a rare opportunity to acquire a fully leased, high-performing asset in a thriving urban core.

Location Insight

City

Ogden

County

Weber

State

Utah

Latitude

41.2226

Longitude

-111.972

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