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Active Under Contract

225 W CENTER ST

225 W CENTER ST, Provo, UT 84601

$995,000

6.8% CAP RATE. Prime Provo Center Street Commercial Property. Fully leased 5,702 SF commercial building in downtown Provo producing $67,571 in annual net income. The restaurant occupies 2,700 SF under a lease through July 2029, generating $43,571 in annual net income. The rear 2,500 SF is leased to a church tenant through February 2029, generating $24,000 in annual gross income. Ideal for an investor seeking stable, dual-tenant income or an owner-user positioning for future occupancy. Businesses are not for sale. Do not disturb tenants. All showings by appointment only. Multiple buildings available for sale and lease nearby. Contact agent for full details.

4,791.6 Sq.Ft. lot

Matt Sumsion

title Owner
PHONE (801) 616-9164
EMAIL [email protected]
DRE # 10348918-SA00

Features & Amenities

Area & Lot

Status Active Under Contract
Lot Area4,791.6 Sq.Ft.
MLS® ID2088765
TypeCommercial
YEAR BUILT1929
NeighborhoodProvo

Financial

Sales Price$995,000
Real Estate Tax $6,336/yr

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225 W CENTER ST

$995,000

Matt Sumsion

Features & Amenities

Area & Lot

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Exceeding Expectations Every Step of the Way

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Sumsion Real Estate

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