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69 E CENTER ST, Provo, UT 84606
$1,200,000
Reduced from $1,500,000 · today
69 E CENTER ST, Provo, UT 84606
Units
20
Price/Unit
$60,000
Price/Sqft
$52
Est Gross Yield
16.1%
$193,680/yr est.
Property Details
Unit Mix
| Type | Count | Beds | Baths | Sqft | Rent/Mo |
|---|---|---|---|---|---|
| Unit 1 | 1 | 0 | 0 | 1,158 | — |
| Total | 1 | 0 | 0 | 1,158 | — |
Unit mix data is reported by the seller or listing agent through the MLS and may be inaccurate or incomplete. Buyers should independently verify all information and conduct their own due diligence before making any investment decisions.
Description
Approved mixed-use development opportunity in the heart of downtown Provo. This shovel-ready, 23,150 SF planned project is fully entitled for a DT1-zoned building featuring 20 condo or apartment residences with a rooftop deck, plus 4,000 SF of street-level commercial space. Positioned for standout appeal with incredible Provo Temple views and walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers. The site sits in a tax-advantaged Opportunity Zone and is framed by an apartment building and record store, with a public parking structure directly behind-supporting strong visibility, built-in demand, and convenient access. Buyer can move forward with the approved plans or submit new concepts.
Listed by Tori Tarver · KW South Valley Keller Williams
Location
69 E CENTER ST, Provo, UT 84606
Proforma
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Cap Rate
0.63%
Cash-on-Cash
-10.79%
Cash Flow
-$4,045/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/31/2026, 8:41:19 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.