Discover a prime commercial investment opportunity at 197 East 500 S, an impressive 18,000-square-foot two-story building situated on a 1.46-acre lot in one of Bountiful’s most visible and high-traffic corridors. Originally built in 1909, this historic property underwent a complete transformation with over $1 million in renovations from 2022 to 2024, blending timeless architectural charm with modern upgrades for seamless functionality. The site also features a fully renovated historic log cabin, hand-built in the 1940s, which is now leased as a private schoolhouse/daycare, adding unique income potential. Positioned on Bountiful’s main east-west artery leading to the iconic Bountiful Utah Temple, this property offers exceptional visibility and accessibility. Surrounded by major thoroughfares including 500 South, 200 East, and 400 South, it is ideal for retail, office, event venues, or service-based businesses seeking maximum exposure. Located just minutes from downtown Bountiful and close to residential neighborhoods, this site is ideally positioned to capture local and regional traffic. The future upside is significant: zoning is transitioning to Community Commercial, unlocking the potential for mixed-use development with up to 19 apartment units or more, creating opportunities for residential-commercial hybrids that meet the growing demand for walkable, integrated spaces. With Bountiful's real estate market appreciating, home values up 2.4% year-over-year, and median prices rising 17.7% to $638,000, this property stands out as a strategic investment in a thriving area. Featuring a strong parking ratio of 2.83 spaces per 1,000 square feet, modern amenities including air conditioning and wheelchair accessibility, and flexible configurations for events or business operations, this property is more than a building; it’s a platform for growth. Don’t miss your chance to own a piece of Bountiful’s history and future.