701 40th StSouth Ogden, UT 84403

Description

**Seller Financing Available** Positioned on a high-traffic corner at 40th Street and Madison Drive in South Ogden, this standalone commercial building offers exceptional visibility and access in one of the area's busiest corridors. Formerly a gas station, the property has already undergone significant due diligence and planning, including a Phase I Environmental Site Assessment and electromagnetic survey confirming removal of prior fuel tanks. The site has been fully engineered with architectural plans submitted to and approved by the city, allowing a buyer to move forward immediately and pull permits without delay. Approved plans call for conversion into six individual salon or creative suites, catering to the growing demand for independent beauty, wellness, and service-based professionals, with estimated rents ranging from $900$1,200 per suite, providing strong income potential. In addition, substantial site work has already been completed, including new power service with both interior and exterior panels installed, the building trenched and ready for plumbing, and the interior fully gutted to allow for an efficient buildout. This is a rare opportunity to acquire a highly visible corner property with completed environmental work, full approvals in place, and a clear path to development, ideal for investors or owner-users seeking a project with minimized risk and significant upside.

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1955

Building area

1,431 Sq Ft

Lot size

0.19 acres

Lot dimensions

116.0x100.0x99.0

Ownership

Agent Owned

Days on market

158

MLS^® Listing#

2153463

Property Features

Cooling

None

Heating

None

Financial Details

HOA

None

Annual taxes

$1,233

Parcel number

06-051-0010