421 Washington BlvdOgden, UT 84404

Property Details for 421 Washington Blvd

Year built

1946

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.30 AC

Property size (Sq ft)

2,600 SF

Zone code

03A

Property type

Turn key restaurants

APN

12-068-0004

APU

120680004

Description

This exceptional 2,624 square foot commercial property, located at 421 South Washington Boulevard in Ogden, Utah, presents a unique investment opportunity. Situated on a 0.3-acre lot, this single-story building, constructed in 1946, offers a versatile space previously utilized as a restaurant. The property boasts a convenient drive-thru window, ample parking, and is zoned C-3, allowing for a variety of commercial uses. The entire building (2,624 square feet) is currently vacant, providing a blank canvas for a prospective tenant to customize the space to their specific needs. Tenant improvements are negotiable, offering flexibility for potential buyers or lessees. The property's prominent location on Washington Boulevard ensures high visibility and accessibility, making it an ideal location for a retail business, office space, or restaurant. The property's address is 421 South Washington Boulevard, Ogden, UT 84404, and its parcel number (APN) is 12-068-0004. The cross street is 4th Street, and the property is located in Weber County. This is a single-tenant property with significant potential for a variety of businesses. The lease terms are negotiable.

• CAP approach

  CAP return

  Valuation

  6%

  $1,009,586

  6.5%

  $931,926

  7%

  $865,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,312,693

  Geo Method

  $1,312,693

• Alternative Use

  Use

  Valuation

  Residential

  $786,114

  Hospitality

  $720,077

  Educational

  $599,095

  Medical

  $619,699

  Retail

  $931,926

Location Insight

City

Ogden

County

Weber

State

Utah

Latitude

41.2557

Longitude

-111.97

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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