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63 N 300 E, Provo, UT — photo 11 / 33

$675,000

63 N 300 E, Provo, UT 84606

Subtype

Office

Building SF

3,560

$/SF

$190

Lot

0.26 ac

Property Details

Property typeCommercial Sale
SubtypeOffice
Building SF3,560 sqft
Year built1949
Lot size0.26 acres
Current useOffice
Taxes (annual)$4,906
Days on market71
Listed2026-07-23T00:00:00+00:00

Description

Rare mixed-use investment opportunity in the heart of downtown Provo, just off Center Street. Approved mixed-use, this versatile property offers multiple possibilities for office, residential, or a combination of both. It is currently configured to accommodate one or two business tenants, but the upstairs, basement, or both may also be used as residential space, providing excellent flexibility for an owner-user, investor, live/work arrangement, or future redevelopment. The main floor features three private offices, two bathrooms, washer/dryer hook ups, and a spacious conference room. Upstairs includes a large open area and three additional private offices. The basement offers, five offices, a bathroom with a shower, and a kitchenette, making it well suited for residential conversion, additional office space, or a separate tenant. The property also includes parking for more than 12 vehicles behind the building, along with separate front entrances to the main floor and basement. The main floor is currently tenant-occupied through November, offering immediate income while a new owner plans the property's future use. With its downtown Provo location, flexible mixed-use approval, generous parking, and multiple occupancy options, this is a unique opportunity with significant potential.

Listed by Ryan Ashworth · G

Location

63 N 300 E, Provo, UT 84606

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

$190

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($19,077)
Effective gross income$54,506/yr
Operating expenses$19,077/yr
Derived NOI$35,429/yr

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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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/2/2026, 8:32:08 AM. 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.