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The Old Post Office Building 298 24th St 50,892 SF Office Building Ogden, UT 84401 $3,950,000 ($77.62/SF)
Investment Highlights
- Attractive Returns
- Historic Charm + Modern Upgrades
- Prime Downtown Ogden Location
Executive Summary
Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to acquire the Old Post Office Building (the “Property”), a 50,892-sf (rentable) historic landmark located in the heart of Downtown Ogden, Utah.
The Property currently operates as a multi-tenant office building, offering flexible office suites ranging in size from 106 to 3,864 sf. This range accommodates a diverse tenant base and supports a dynamic leasing environment, which has allowed the Property to consistently demonstrate strong leasing performance. It also provides short-term lease options to enhance flexibility for tenants. Despite this, many tenants choose to stay long-term, reflecting the building’s lasting appeal and tenant satisfaction.
During its ownership, the seller has invested in significant capital improvements to the Property, including a majority roof replacement completed in June 2025, with some original copper roof remaining. Additionally, approximately 10 years ago, solar panels and LED lighting were installed, resulting in an estimated 35% reduction in electricity costs at the time.
The Property currently operates as a multi-tenant office building, offering flexible office suites ranging in size from 106 to 3,864 sf. This range accommodates a diverse tenant base and supports a dynamic leasing environment, which has allowed the Property to consistently demonstrate strong leasing performance. It also provides short-term lease options to enhance flexibility for tenants. Despite this, many tenants choose to stay long-term, reflecting the building’s lasting appeal and tenant satisfaction.
During its ownership, the seller has invested in significant capital improvements to the Property, including a majority roof replacement completed in June 2025, with some original copper roof remaining. Additionally, approximately 10 years ago, solar panels and LED lighting were installed, resulting in an estimated 35% reduction in electricity costs at the time.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
50,892 SF
Building Class
B
Year Built/Renovated
1909/2012
Price
$3,950,000
Price Per SF
$77.62
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
10,178 SF
Building FAR
0.84
Lot Size
1.39 AC
Opportunity Zone
Yes
Zoning
Regional Commercial - Regional Commercial
1 1
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Number | 01-029-0001 | Improvements Assessment | $3,460,160 |
| Land Assessment | $576,840 | Total Assessment | $4,037,000 |
Property Taxes
Parcel Number
01-029-0001
Land Assessment
$576,840
Improvements Assessment
$3,460,160
Total Assessment
$4,037,000
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The Old Post Office Building | 298 24th St
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