421 Washington BlvdOgden, UT 84404

  • Retail properties
  • 2,600 SF
For Lease
$24.50/SF/YR View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
421 Washington Blvd, Ogden, Utah

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

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
$4,042
$195,750
$124,250
$320,000
-
$195,750
$124,250
$320,000

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