About 225 W Center St
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.
Features of 225 W Center St
| MLS® # | 2088765 |
|---|---|
| Price | $995,000 |
| Acres | 0.11 |
| Year Built | 1929 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Backup |
Community Information
| Address | 225 W Center St |
|---|---|
| Area | Provo; Mamth; Springville |
| City | Provo |
| County | Utah |
| State | UT |
| Zip Code | 84601 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | May 31st, 2025 |
|---|---|
| Days on Market | 412 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Matt Sumsion |
|---|---|
| Office | KW Westfield (Excellence) |
| Contact Info | 801-616-9164 |