295 W Center St

    Provo, UT 84601
    • $5,990,000
    • STATUS: Active
    • ON SITE: 230 days
    • ID#: 1513971
    UPDATED: 41 min ago
    $5,990,000
    • 0
      BEDS
    • 0.43
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    OWNER/BROKER. Industrial modern restored office space in downtown Provo. This building features 2 full stories each with mezzanine space. Previous uses were originally the Taylor Dixon Russell Furniture company, then Provo Craft (an arts and crafts distribution company) and then a night-club/bar. After those uses the building was re-purposed into office space with entertainment venue options or to be used as presentation/meeting hall and reception venues. With many purposes and this prime location on the main drag of Provo this is a stable asset. Seismic, fire, and aesthetic updates all made previously. Elevator for ADA and also Freight Elevators in building. Square footage figures are provided as a courtesy estimate only and were obtained from Prior Plans. Buyer is advised to obtain an independent measurement.

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    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Data last updated: 2018-11-15T19:36:36.483.
    www.findutahhomesnow.com/homes/82114233

    295 W Center St Provo, UT 84601

    • Price: $5,990,000
    • Status: Active
    • Updated: 41 min ago
    • ID#: 1513971
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.43
    Acres
    1900
    Built
    Neighborhood:
    Provo; Mamth; Springville
    County:
    Utah
    Area:
    Provo; Mamth; Springville
    Property Description
    OWNER/BROKER. Industrial modern restored office space in downtown Provo. This building features 2 full stories each with mezzanine space. Previous uses were originally the Taylor Dixon Russell Furniture company, then Provo Craft (an arts and crafts distribution company) and then a night-club/bar. After those uses the building was re-purposed into office space with entertainment venue options or to be used as presentation/meeting hall and reception venues. With many purposes and this prime location on the main drag of Provo this is a stable asset. Seismic, fire, and aesthetic updates all made previously. Elevator for ADA and also Freight Elevators in building. Square footage figures are provided as a courtesy estimate only and were obtained from Prior Plans. Buyer is advised to obtain an independent measurement.
    Exterior Features

    Construction Condition BrickSteel Frontage Facing N Land Condition Corner LotCurb And GutterPavedTerrain: Flat Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Roof Features Flat Uncovered Parking Percentage 35

    Interior Features

    Air Conditioning Central Air: Electric Floor Coverings HardwoodTile Heating Features Forced AirGas: Natural Interior Features Alarm: SecurityComm. WiringKitchenRefrigeratorRestroom: PrivateRestroom: Public Office Sq Ft Main Floor 16000 Office Sq Ft Second Floor 10410

    Property Features

    Capitalization Rate 6.30 Commercial Property Type RetailOffice Culinary Water Connected Customer Visibility Road TrafficWalk-In Traffic Equipment Exhaust SystemUnderground StorageWalk-In Refrigerator Gross Scheduled Income 374975 Lease Terms From 1800-01-01 Lease Terms To 1800-01-01 Net Operating Income 374975 Owner Type Owner/Agent Possession Tbd Sewer Connected Site Owner OccupiedTenant Occupied Sublease From 1800-01-01 Sublease To 1800-01-01 Taxes 14565 Telecommunications Ethernet: WiredFiber OpticsPhones/Data ConduitServer Room Terms Assumption: Current RateCashCommercial Fin. Req.ConventionalExchangeSbaSeller Finance Second Utilities Gas: Natural Zoning Commercial

    Listing provided courtesy of Re/Max Equity. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Data last updated: 2018-11-15T19:36:36.483.
     
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