Value-Add or Redevelopment Opportunity

Strategically positioned just east of Washington Boulevard (US-89) in Ogden, Utah, this property offers investors a prime infill location within one of Northern Utah’s most dynamic and steadily growing submarkets. The site provides exceptional accessibility to the region’s major transportation corridors, including Interstate 15, Interstate 84, and US-89, linking Ogden seamlessly to the Salt Lake City metropolitan area and the broader Wasatch Front. The immediate area surrounding 895 37th Street is characterized by a strong mix of residential, retail, and light commercial uses, supporting both stable tenancy and long-term value appreciation. Within a five-mile radius, the population exceeds 155,000 residents, with a median household income near $80,000, reflecting a solid consumer base and sustained local demand. The property sits within minutes of Weber State University, Ogden Regional Medical Center, and downtown Ogden, all major regional employment and economic anchors. Ogden’s ongoing revitalization and pro-business climate continue to attract investment across multiple asset classes, including multifamily, retail, and industrial. The city’s diversified economy—driven by education, manufacturing, healthcare, and logistics—supports consistent market fundamentals and low vacancy rates. The property’s convenient neighborhood location, ample access routes, and surrounding amenities—such as Macey’s, Starbucks, 7-Eleven, Walgreens, and QDOBA Mexican Eats—create strong potential for both owner-user and investor strategies. Whether repositioned for mixed-use, retail, or multi-tenant occupancy, 895 37th Street presents a compelling opportunity to acquire a well located asset in a market poised for continued growth and rent appreciation.895 37th Street offers investors and owner-users a unique value-add or redevelopment opportunity in the heart of Ogden, Utah. Priced at $450,000, the property sits on approximately 0.33 acres and features a 3,892 square-foot building constructed in 1949. The asset is being sold as-is and discounted to reflect its current condition, presenting significant upside potential for a buyer seeking to reposition or redevelop within one of Ogden’s strongest residential and mixed-use corridors. The existing structure includes a mix of commercial and residential components, providing flexible re-use possibilities. The main level previously operated as a butcher shop in the rear unit and a salon in the front unit, both with separate entrances. The lower level contains two (2) two-bedroom apartments, each with its own kitchen, bathroom, and private entrance, offering potential for income generation or live/work configuration. Additional space on the lower level is available for storage or conversion into additional rental or commercial use, subject to renovation and zoning approval. The building requires extensive interior repairs, offering investors the chance to add value through comprehensive renovation or full redevelopment. Its central location, flexible layout, and strong surrounding demographics make it well-suited for multiple end uses—including mixed-use retail, office, redevelopment or a number of other uses. With its accessible in-town location, proximity to major roadways, and favorable price point, 895 37th Street represents a rare opportunity to acquire a versatile property with substantial upside potential in a market experiencing steady population and economic growth.