701 40TH, South Ogden, UT 84403
—BD/—BA Commercial Sale in South Ogden, UT 84403. Built 1955. Listed at $450,000. MLS #2153463.
—BD/—BA Commercial Sale in South Ogden, UT 84403. Built 1955. Listed at $450,000. MLS #2153463.
$450,000
Originally listed at $495,000
Positioned on a high-traffic corner at 40th Street and Madison Drive in South Ogden, this standalone commercial building offers exceptional visibility and access in one of the area's busiest corridors. Formerly a gas station, the property has already undergone significant due diligence and planning, including a Phase I Environmental Site Assessment and electromagnetic survey confirming removal of prior fuel tanks. The site has been fully engineered with architectural plans submitted to and approved by the city, allowing a buyer to move forward immediately and pull permits without delay. Approved plans call for conversion into six individual salon or creative suites, catering to the growing demand for independent beauty, wellness, and service-based professionals, with estimated rents ranging from $900$1,200 per suite, providing strong income potential. In addition, substantial site work has already been completed, including new power service with both interior and exterior panels installed, the building trenched and ready for plumbing, and the interior fully gutted to allow for an efficient buildout. This is a rare opportunity to acquire a highly visible corner property with completed environmental work, full approvals in place, and a clear path to development, ideal for investors or owner-users seeking a project with minimized risk and significant upside.
Property Type
Commercial Sale
Property Style
Retail
County
Weber
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2153463
Property Type
Commercial Sale
Property Style
Retail
County
Weber
Lot Size
0.19 sq ft
Condition
Blt./Standing
MLS #
2153463
List Price
$450,000
Original Price
$495,000
Annual Taxes
$1,233
Home Warranty
No
List Price
$450,000
Original Price
$495,000
Annual Taxes
$1,233
Home Warranty
No
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$415,000
+8% vs median
64 days
45
$174,900 – $1,100,000
$1,233
Moderate
11.2
per 1,000
22.2
per 1,000
13.2
per 1,000
46.6
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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