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Investment Highlights
- Fully entitled + shovel-ready
- Signature views + walkability
- Prime DT1 downtown Provo zoning
- Built-in access and demand drivers
Executive Summary
Approved mixed-use development opportunity in the heart of downtown Provo. This shovel-ready, 23,150 SF planned project is fully entitled for a DT1-zoned building featuring 20 condo residences with a rooftop deck, plus 4,000 SF of street-level commercial space.
Positioned for standout appeal with incredible Provo Temple views and walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers. The site sits in a tax-advantaged Opportunity Zone and is framed by an apartment building and record store, with a public parking structure directly behind—supporting strong visibility, built-in demand, and convenient access. Buyer can move forward with the approved plans or submit new concepts.
Positioned for standout appeal with incredible Provo Temple views and walkable access to restaurants, shopping, parks, comedy clubs, arts venues, and event centers. The site sits in a tax-advantaged Opportunity Zone and is framed by an apartment building and record store, with a public parking structure directly behind—supporting strong visibility, built-in demand, and convenient access. Buyer can move forward with the approved plans or submit new concepts.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,052,450 CAD | Building Class | A |
| Sale Type | Investment | Construction Status | Proposed |
| Sale Condition | Redevelopment Project | Building Size | 21,350 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise |
| Price | $2,052,450 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Construction Status | Proposed |
| Building Size | 21,350 SF |
| No. Stories | 5 |
| Opportunity Zone |
Yes |
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Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 05-028-0002 | Improvements Assessment | $164,880 CAD |
| Land Assessment | $706,316 CAD | Total Assessment | $871,197 CAD |
Property Taxes
Parcel Number
05-028-0002
Land Assessment
$706,316 CAD
Improvements Assessment
$164,880 CAD
Total Assessment
$871,197 CAD
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