290 25Th StOgden, UT 84401

  • Office buildings
  • 3,158 SF
For Sale
$3,100,000 View listing

Property Details for 290 25Th St

Year built
1913
Construction
WOOD FRAME
Lot size
0.07 AC
Property size (Sq ft)
3,158 SF
Zone code
03A
Property type
Office buildings
APN
01-074-0018
APU
10740018

Description

Creston Plaza, located at 290 25th St in Ogden, Utah, 84401, offers a unique opportunity to lease office space in a historic building. This three-story, 23,000 square foot building, constructed in 1913, boasts a blend of traditional, executive, and creative office spaces, along with retail options. Currently, only 200 square feet are vacant, indicating high occupancy. The property sits on a 0.75-acre lot and features a single elevator for convenient access to all floors. Building amenities include secured access-controlled doors, video cameras, nightly security patrols, and both public and private restrooms. Its central location in Ogden offers easy access to hotels, restaurants, the courthouse, city offices, and is directly across the street from the Federal Building. This property presents a rare chance to secure space in a well-maintained, historically significant building in a thriving urban environment. The multiple tenancy structure provides flexibility for various business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $834,194
    6.5%
    $770,025
    7%
    $715,024
  • Comparable approach

    Method
    Valuation
    Relative Method
    $632,705
    Geo Method
    $632,705
  • Alternative Use

    Use
    Valuation
    Residential
    $954,832
    Hospitality
    $874,621
    Educational
    $727,674
    Medical
    $752,700
    Retail
    $1,131,937

Location Insight

City
Ogden
County
Weber
State
Utah
Latitude
41.2212
Longitude
-111.974
CBSA code
36260
CBSA name
OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,044
$45,134
$195,866
$241,000
-
$45,134
$195,866
$241,000

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