Your First Name*

Please enter your first name

Your Last Name*

Please enter your last name

Your Email*

Please enter a valid email address

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

934 characters remaining

We will automatically send your friend a one-time email inviting them to visit this listing. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of the referral program. (Terms of Use)

thank you

Your email has been sent.

Historic Berthana Building 315-327 24th St 34,528 SF 100% Leased Office Building Ogden, UT 84401 $3,150,000 ($91.23/SF) 6.13% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Architectural/Historic Prestige
Steps away from 25th Street
Close to Public Transport

Expansive Tall Windows
Heavy Foot Traffic

Executive Summary

Built in 1914, the Berthana Building is one of Ogden’s most iconic and enduring landmarks. Originally home to the grand Berthana Ballroom, this historic property showcases beautiful brick architecture, tall windows, and timeless character that reflect the city’s vibrant early-20th-century charm. Located on 24th Street in the heart of downtown, the Berthana offers exceptional potential for retail, dining, office, or event use. Surrounded by Ogden’s thriving shops, restaurants, and entertainment venues, it draws heavy foot traffic year round. With easy access to public parking, nearby transit, and Ogden’s growing downtown energy, this location presents a rare opportunity to invest in and revitalize a true piece of Utah history.

Ogden Berthana

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	$216,989	$3.50
Other Income	$65,165	$1.05
Vacancy Loss	$13,973	$0.23
Effective Gross Income	$268,181	$4.33
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$75,155	$1.21
Net Operating Income	$193,026	$3.11

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	$216,989
Annual Per SF	$3.50

Other Income
Annual	$65,165
Annual Per SF	$1.05

Vacancy Loss
Annual	$13,973
Annual Per SF	$0.23

Effective Gross Income
Annual	$268,181
Annual Per SF	$4.33

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$75,155
Annual Per SF	$1.21

Net Operating Income
Annual	$193,026
Annual Per SF	$3.11

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

34,528 SF

Building Class

Year Built/Renovated

1914/2016

Price

$3,150,000

Price Per SF

$91.23

Cap Rate

6.13%

NOI

$193,095

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Typical Floor Size

11,509 SF

Building FAR

0.97

Lot Size

0.82 AC

Opportunity Zone

Yes

Zoning

C-MU - Commercial Mixed-Use

Parking

20 Spaces (0.58 Spaces per 1,000 SF Leased)

Major Tenants

Accommodation and Food Services
-
-
-

Menchie's Frozen Yogurt is a magical place within every community. It’s a place for family and friends to come together and create lasting memories. As an award winning franchise, Menchie's Frozen Yogurt currently serves smiles in locations around the world. Customize a frozen yogurt treat and enjoy custom decorated frozen yogurt cakes for any occasion –from a froyo birthday cake, to a Paw Patrol frozen yogurt cake to a custom froyo photo cake.