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235 7400 E 1,836 SF Retail Building Huntsville, UT 84317 $825,000 ($449.35/SF)
INVESTMENT HIGHLIGHTS
- Heavy traffic from residents and tourists.
- Neighboring land that hosts weddings and private events.
- Directly across the street from luxury hotel.
EXECUTIVE SUMMARY
A one of a kind opportunity to own commercial space in historic Huntsville town. Sold with thousands of dollars of kitchen equipment, tables, chairs, and more, this property is turn key and ready for business! The Ogden Valley is in dire need of additional restaurants, and there are no other building like this in the area ready for operation. Along with its current usage, the building offers flexible zoning and can be operated for multiple commercial uses. The back of the building offers a private patio for patrons to enjoy, and includes plenty of parking. Massive outdoor smokers and grills are also included in the sale. The building is centrally located in the Ogden Valley and is in an area frequented by visitors daily. Along with Huntsville town being a hub for tourism, the building is directly across the street from the Compass Rose, a luxury, multi-room hotel with steady traffic and guests looking for restaurant options. The neighboring parcel also hosts weddings and private events, giving the operator of the restaurant catering opportunities. The building is just minutes from Pineview Reservoir, Snowbasin, Powder Mountain, downtown Ogden, and all the area has to offer.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$2,864
|
$1.56
|
| Operating Expenses |
$5,271,964
|
$2,871.44
|
| Total Expenses |
$5,274,828
|
$2,873.00
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $2,864 |
| Annual Per SF | $1.56 |
| Operating Expenses | |
|---|---|
| Annual | $5,271,964 |
| Annual Per SF | $2,871.44 |
| Total Expenses | |
|---|---|
| Annual | $5,274,828 |
| Annual Per SF | $2,873.00 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,836 SF
Year Built
1969
Price
$825,000
Price Per SF
$449.35
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.17 AC
Zoning
Commercial - Restaurant, retail
PROPERTY TAXES
| Parcel Number | 24-011-0033 | Total Assessment | $291,999 |
| Land Assessment | $74,050 | Annual Taxes | $2,864 ($1.56/SF) |
| Improvements Assessment | $217,949 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
24-011-0033
Land Assessment
$74,050
Improvements Assessment
$217,949
Total Assessment
$291,999
Annual Taxes
$2,864 ($1.56/SF)
Tax Year
2024 Payable 2025
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235 7400 E
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