1 / 5
270 N 500 W, Provo, UT 84601
$636,000
270 N 500 W, Provo, UT 84601
Subtype
Office
Building SF
2,317
$/SF
$274
Lot
0.22 ac
Property Details
Description
270 North 500 West, Provo, Utah 84603. Available for purchase: $636,000. Parcel number: 04:088:0017. 870 Square foot apartment rents for $1,100 monthly FS month-to-month. Zoned: RC Residential Conservation (Conforming use per Provo City). Lot size: .22 ac. Outstanding location for business and rental income. Great opportunity in a high-traffic location on 500 West. Approximately 5 blocks south of Utah Valley hospital. AADT 37,000 (Per UDOT 2024 count). Year built: 1900 (As a beautiful home). Formerly an insurance company office. Footages (Approximate): Main Level Office: 710 SF, Upper Level Office: 375 SF, Main Level Apartment: 870 SF, Unfinished Upper Level Storage: 117 SF, Unfinished Basement: 272 SF, Detached Garage: 340 SF. Beautiful office space nearest the street with office on the 2nd floor. Rented apartment is on the main floor on the east side of the building. Near active commercial and multi-family uses with long-term upside.
Listed by Bruce R Tucker · Berkshire Hathaway HomeServices Elite Real Estate
Location
270 N 500 W, Provo, UT 84601
Cap Rate Calculator
Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.
Cap Rate
5.25%
$/SF
$274
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.
DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.
© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:02:39 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.