140 N 100 E, American Fork, UT 84003
140 N 100 E, American Fork, UT 84003,Video Tour
140 N 100 E, American Fork, UT 84003
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The Perry Group

The Perry Group

+1(801) 871-5259
$1,495,000
Est. payment /mo
0.62 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2137277

Construction Status Blt./Standing

HOA Y/N No

Year Built 1975

Annual Tax Amount $7,108

Lot Size 0.620 Acres

Acres 0.62

Lot Dimensions 143.0x190.0x136.0

Property Sub-Type Office

Property Description

Exceptional development opportunity in the heart of American Fork! This property at 140 N 100 E is being sold together with the adjacent vacant parcel (Parcel #020390014, 126 N 100 E) for a combined total of 0.62 acres on the east side of 100 East between 100 North and 200 North. The primary parcel includes a 4,293 SF office building (2,557 SF above grade + 1,736 SF finished basement) built in 1975, with 25 parking stalls providing a strong 5.82:1,000 SF parking ratio. The adjacent parcel is 0.32 acres of vacant commercial land, ready for immediate development. Located within the R4-7500 zone, this combined site presents significant multifamily development potential. Under current zoning, multi-housing is a permitted use with the following development standards: maximum building height of 36 feet (30 feet for principal building); minimum lot area of 20,000 SF with the first four units, plus 3,000 SF required for each additional unit; front setback of 30 feet; rear setback of 25 feet; side setbacks of 10 feet; and maximum lot coverage of 50%. The combined 0.62 acres (approximately 27,007 SF) could accommodate a meaningful multifamily project under these standards. The property benefits from outstanding location fundamentals: just 1.5 blocks north of State Street, American Fork's primary commercial corridor; approximately 1.2 miles from the I-15/500 East interchange; proximity to the Silicon Slopes employment corridor; convenient access to shopping, restaurants, schools, and services; and bus transit available along State Street. The American Fork FrontRunner commuter rail station is approximately 1.8 miles from the site. The existing office building offers immediate owner-user or interim lease potential while entitlements are pursued, or the entire site can be cleared for ground-up development. Both parcels share common ownership and will be conveyed together. Buyer and buyer's agent to verify all information including but not limited to zoning, permitted uses, development standards, setbacks, building height, lot coverage, acreage, square footage, and any other material facts. Contact American Fork City Planning Department at (801) 763-3060 for current zoning verification. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records . Buyer is advised to obtain an independent measurement.

Location

State UT

County Utah

Area Am Fork; Hlnd; Lehi; Saratog.

Zoning Single-Family, Multi-Family, Commercial

Direction https://my.matterport.com/show/?m=xg5eFmoTtRz

Interior

Interior Features Alarm: Fire, Basement

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile

Inclusions Furniture

Fireplace false

Window Features Blinds

Appliance Furniture

Exterior

Utilities Available 120/240 V 1 Phase, Gas: Natural, Separate Meter: Gas, Separate Meter: Elec.

View Y/N No

Roof Type Asphalt,Flat,Pitched

Present Use Office

Private Pool false

Building

Faces West

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 02-039-0013

Acceptable Financing Cash, Conventional, Exchange, SBA

Horse Property No

Listing Terms Cash, Conventional, Exchange, SBA

Virtual Tour https://my.matterport.com/show/?m=xg5eFmoTtRz

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Listed by 40 North Real Estate

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+1(801) 871-5259
1931 S 1100 E #200, Salt Lake City, UT, 84106, United States
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140 N 100 E