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$ 495,000
Est. payment /mo
New
701 40TH ST South Ogden, UT 84403
8,276 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2153463
Construction Status Blt./Standing
HOA Y/N No
Year Built 1955
Annual Tax Amount $1,233
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 116.0x100.0x99.0
Property Sub-Type Retail
Property Description
Positioned on a high-traffic corner at 40th Street and Madison Drive in South Ogden, this standalone commercial building offers exceptional visibility and access in one of the area's busiest corridors. Formerly a gas station, the property has already undergone significant due diligence and planning, including a Phase I Environmental Site Assessment and electromagnetic survey confirming removal of prior fuel tanks. The site has been fully engineered with architectural plans submitted to and approved by the city, allowing a buyer to move forward immediately and pull permits without delay. Approved plans call for conversion into six individual salon or creative suites, catering to the growing demand for independent beauty, wellness, and service-based professionals, with estimated rents ranging from $900$1,200 per suite, providing strong income potential. In addition, substantial site work has already been completed, including new power service with both interior and exterior panels installed, the building trenched and ready for plumbing, and the interior fully gutted to allow for an efficient buildout. This is a rare opportunity to acquire a highly visible corner property with completed environmental work, full approvals in place, and a clear path to development, ideal for investors or owner-users seeking a project with minimized risk and significant upside.
Location
State UT
County Weber
Area Ogdn; W Hvn; Ter; Rvrdl
Interior
Fireplace No
Exterior
View Y/N No
Present Use Retail,Office
Private Pool No
Building
Faces North
New Construction No
Construction Status Blt./Standing
Others
Senior Community No
Tax ID 06-051-0010
Listed by Growth Real Estate Group LLC
NEARBY SCHOOL & BUSINESS