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2522 S MONROE BLVD, Ogden, UT 84401
$369,900
2522 S MONROE BLVD, Ogden, UT 84401
Subtype
Retail
Building SF
2,957
$/SF
$125
Lot
0.23 ac
Property Details
Description
On Ogden's new $120,000,000 OGX bus rapid transit stop that connects with Front runner. Transit Oriented development potential. Huge upside potential in the value of this property once the Capitol Square development (across the street) is completed by Ogden City. Location, Location, Location. Single Family Home AND Commercial Duplex included in the price! Make your best cash offer! Developers!! Investors! Here's your chance to own a commercial/retail/live-work duplex next to the new transportation hub on 25th and Monroe. Commercial Duplex with excellent frontage on Monroe. Parking in front on the street, and in parking lot in the rear of the property. Both units have glass front doors, and rear doors to the parking lot. Separate utilities, except water is shared between the two businesses. Larger unit is 740 sq ft, and has large glass front windows facing Monroe. Smaller unit is 532 sq ft and has a glass door on the front facing Monroe. New 50 year rubber roof installed 10 years ago, new water heater, furnace and door on south side. New rear doors to both units. Commercial duplex must be sold with Adjoining house next door (2526 Monroe) as they are on the same lot, price listed is for both the commercial duplex AND the house. The house has had a fire, and will need a permitted remodel to be useable. No showing at this time. Please make cash offer (with proof of funds) subject to inspection, (including the house). Commercial duplex can be sold with or without the construction contents intended for remodel of the home. Permitted uses include LIVE-WORK space, construction office, daycare, restaurant, coffee shop, church, school, retail, beauty salon, medical office, 501c3 (charity), and many more. Once the plan Ogden zoning goes into effect, short term rentals (Airbnb) will be a permitted use...directly on the free bus. Lot has 2 water lines, 2 sewer lines, 3 power meters, 3 gas meters, curb and gutter and sidewalk, a driveway, and off street parking for both the commercial duplex and the house. 3 phase power is on the power pole in the rear. Ogden City planning approved a second story addition and addition of a 3 car garage on the rear of the home in 2023. I have those approvals if a new owner wishes to add the second story and 3 car garage to the home. Buyer to verify ALL information. Property is being sold as-is. Seller's agent has an interest in the property. Seller is doing a 1031 exchange.
Listed by Teresa Bramwell · Equity Real Estate (Buckley)
Location
2522 S MONROE BLVD, Ogden, UT 84401
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$125
GRM
11.8
Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.
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