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705 23rd St 20,154 SF Specialty Building Offered at $2,050,250 CAD 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	$2,050,250 CAD	Lot Size	0.92 AC
Price Per SF	$101.73 CAD	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	$2,050,250 CAD
Price Per SF	$101.73 CAD
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

Signage

1 1

Moderately walkable

60/100

Moderately drivable

60/100

Some public transit

40/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 01-061-0038 01-061-0061 01-061-0037	Improvements Assessment	$583,347 CAD
Land Assessment	$626,673 CAD	Total Assessment	$1,210,020 CAD