298 24th St - Office/Residential FOR SALE


Ogden, UT 84401- Downtown Ogden
$3,950,000 USD
801-303-5555
298 24th St, Ogden, UT for Sale
$3,950,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

298 24th St
Ogden, UT 84401
Downtown Ogden


HIGHLIGHTS

  • Attractive Returns
  • Prime Downtown Ogden Location
  • Historic Charm + Modern Upgrades

OVERVIEW

Cushman & Wakefield, as the exclusive advisor, is pleased to present the opportunity to acquire the Old Post Office Building (the “Property”), a 50,892-sf (rentable) historic landmark located in the heart of Downtown Ogden, Utah. The Property currently operates as a multi-tenant office building, offering flexible office suites ranging in size from 106 to 3,864 sf. This range accommodates a diverse tenant base and supports a dynamic leasing environment, which has allowed the Property to consistently demonstrate strong leasing performance. It also provides short-term lease options to enhance flexibility for tenants. Despite this, many tenants choose to stay long-term, reflecting the building’s lasting appeal and tenant satisfaction. During its ownership, the seller has invested in significant capital improvements to the Property, including a majority roof replacement completed in June 2025, with some original copper roof remaining. Additionally, approximately 10 years ago, solar panels and LED lighting were installed, resulting in an estimated 35% reduction in electricity costs at the time.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Old Post Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

Regional Commercial

APN/PARCEL ID

01-029-0001

ASK ABOUT THIS PROPERTY

Kip PaulCushman & WakefieldMore Info
801-303-5555

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Kip PaulCushman & WakefieldMore Info
801-303-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.