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264 W 300 N 10,878 SF Office Building Provo, UT 84601 $1,500,000 ($137.89/SF)
Investment Highlights
- Owner user or investment opportunity
Executive Summary
The subject property is Surplus Real Estate owned by the State of Utah. Property is sold in "AS IS" "Where Is" condition. Per State rules, the property will be listed on the market for a minimum of 60 days at which times proposal offers will be reviewed and negotiated. All buyers may submit a proposal. The proposal document is attached. A copy of the purchase contract is also attached for reference. Once a proposal is approved by the Seller, the purchase contract will be completed. On or about September 30, 2026 proposals will be evaluated and a proposal will be selected to negotiate. Seller will negotiate the "Highest and Best" but reserves the right to choose or reject any offer.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
10,878 SF
Building Class
C
Year Built
1960
Price
$1,500,000
Price Per SF
$137.89
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,439 SF
Building FAR
0.25
Lot Size
1.00 AC
Zoning
DT1 General Downtown Zone - Most of the subject property lies in the DT1 General Downtown zone. A portion of the north parking area lies within RC Residential Conservation zone
Parking
56 Spaces (5.15 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
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Presented by
State of UT Div of Facilities Constr & Mgmnt
264 W 300 N
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