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705 23rd St 20,154 SF Specialty Building Offered at $1,475,000 in Ogden, UT 84401

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Executive Summary

Development opportunity on 0.92 acres zoned R-3EC in Ogden. Former 20,232 SF church (1960 build) is no longer in use; value is primarily in redevelopment potential. Prior CUP approved for medical/professional use with site plans and schematics available. Zoning may also allow townhome development (approx. up to 20 units buyer to verify). OPEN TO ALL OPTIONS sell/lease. Buyer to verify all development potential. LEASE OPTION - Owner is willing to work out a build to suit NNN lease. Inquire for details regarding lease price/terms. Could be used for multifamily or medical use as zoning allows.

Madison 23 Brochure (2)

Property Facts

Price	$1,475,000	Lot Size	0.92 AC
Price Per SF	$73.19	Building Size	20,154 SF
Sale Type	Investment or Owner User	No. Stories	2
Sale Conditions	Distress Sale 1031 Exchange Build to Suit Lease Option Deferred Maintenance Redevelopment Project	Year Built/Renovated	1960/1980
Property Type	Specialty	Parking Ratio	2.33/1,000 SF
Property Subtype	Religious Facility	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	R-3EC - Multiple-Family Residential East Central, See Zoning Map, Could Allow for Medical Uses

Price	$1,475,000
Price Per SF	$73.19
Sale Type	Investment or Owner User
Sale Conditions	Distress Sale 1031 Exchange Build to Suit Lease Option Deferred Maintenance Redevelopment Project
Property Type	Specialty
Property Subtype	Religious Facility
Building Class	C
Lot Size	0.92 AC
Building Size	20,154 SF
No. Stories	2
Year Built/Renovated	1960/1980
Parking Ratio	2.33/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-3EC - Multiple-Family Residential East Central, See Zoning Map, Could Allow for Medical Uses