225 CENTER, Provo, UT 84601
—BD/—BA Commercial Sale in Provo, UT 84601. Built 1929. Listed at $995,000. MLS #2088765.
—BD/—BA Commercial Sale in Provo, UT 84601. Built 1929. Listed at $995,000. MLS #2088765.
$995,000
Originally listed at $1,050,000
6.8% CAP RATE. Prime Provo Center Street Commercial Property. Fully leased 5,702 SF commercial building in downtown Provo producing $67,571 in annual net income. The restaurant occupies 2,700 SF under a lease through July 2029, generating $43,571 in annual net income. The rear 2,500 SF is leased to a church tenant through February 2029, generating $24,000 in annual gross income. Ideal for an investor seeking stable, dual-tenant income or an owner-user positioning for future occupancy. Businesses are not for sale. Do not disturb tenants. All showings by appointment only. Multiple buildings available for sale and lease nearby. Contact agent for full details.
Property Type
Commercial Sale
Property Style
Retail
County
Utah
Lot Size
0.11 sq ft
Condition
Blt./Standing
MLS #
2088765
Property Type
Commercial Sale
Property Style
Retail
County
Utah
Lot Size
0.11 sq ft
Condition
Blt./Standing
MLS #
2088765
List Price
$995,000
Original Price
$1,050,000
Annual Taxes
$6,336
Home Warranty
No
List Price
$995,000
Original Price
$1,050,000
Annual Taxes
$6,336
Home Warranty
No
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$480,000
+107% vs median
45 days
255
$190,999 – $38,000,000
$6,336
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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