Discover an exceptional investment at 197 E 500 S, Bountiful, UT – a sprawling 18,000 SF, two-story commercial building on a generous 1.46-acre lot, perfectly positioned for maximum visibility and growth. Built in the early 1900's, the property underwent extensive and meticulous renovations from 2022 - 2024 with over $1 million in upgrades, blending historic charm with modern functionality, and offering turnkey potential for a variety of uses. The lot also includes a delightful and historic log cabin, hand-built in the 1940s by local Boy Scouts as a community project. Fully renovated in recent years with insulation, heat, electricity, and a modern bathroom, it is currently leased and operated as a charming private schoolhouse/daycare. Strategically located on 500 South – Bountiful's bustling main artery that leads to the iconic Bountiful Utah Temple – this site enjoys high traffic flow and easy accessibility. Surrounded by key thoroughfares including 500 South, 200 East, and 400 South, it provides unparalleled exposure and convenience, ideal for retail, office, or service-oriented businesses. Just minutes from downtown Bountiful, residents, and amenities, it's a gateway to the community's vibrant core. Exciting development upside awaits: The zoning is set to transition to "Community Commercial" (see pics), unlocking mixed-use possibilities such as apartments with up to 19 units – or potentially more – allowing for innovative residential-commercial hybrids that capitalize on Bountiful's growing demand for walkable, integrated spaces. In a market where home values have risen 2.4% year-over-year to an average of $563,000, and median prices are up 17.7% to $638,000, this property stands out as a smart play in an appreciating area with strong economic momentum. With a solid parking ratio of 2.83 spaces per 1,000 SF and endless reconfiguration options, this is more than a building – it's a canvas for visionary entrepreneurs. Don't miss your chance to own a piece of Bountiful's future. Contact for details and private tours today!