225 W CENTER ST, Provo, UT 84601
225 W CENTER ST, Provo, UT 84601,Video Tour
225 W CENTER ST, Provo, UT 84601
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The Perry Group

The Perry Group

+1(801) 871-5259
$995,000
Est. payment /mo
4,791 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 2088765

Construction Status Blt./Standing

HOA Y/N No

Year Built 1929

Annual Tax Amount $6,336

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Retail

Property Description

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.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Interior

Fireplace false

Exterior

View Y/N No

Present Use Commercial,Industrial,Retail,Office

Private Pool false

Building

Faces North

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 04-059-0020

Horse Property No

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Listed by KW Westfield (Excellence)

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+1(801) 871-5259
1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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225 W CENTER ST