For Sale

Listed by Wilson Underkuffler from Brick Realty Co, LLC

Source: Wasatch Front Regional MLS #1994438

740 27th Street, Ogden, UT, 84401

$465,000

2
2
2200 sq. ft.
3049.2 sq. ft.

Duplex

30+ days on the market

What's around 740 27th Street

About this property

In 1923 Emil Keller Jr. lived on the property and ran "Success Market" in the storefront, and then in 1963 it became "Virgil Painters Hair Salon" -- this dynamic, mixed-use history that once was could be again! The front building is zoned commercial while the rear building is zoned residential. Consequently, this zoning provides a plethora of live-work or income opportunities. The most exciting might be to live in the rear building and run your business out the front because perhaps you could obtain a primary residence loan for the entire building and avoid an expensive commercial loan all together -- a truly exciting "house-hacking" opportunity, perfect for the nascent small business owner! You could also run your business in the front and rent the rear residence for supplementary income; or rent both buildings for ample cash flow (total rents at least ~$2,500 per month). Other beloved businesses that occupy similar buildings in the area include "Kaffe Merc" coffee shop on 26th St, "All the Buzz" Barber Shop on 23rd St, "Ogden Bike Collective" bike repair on 28th St, "Lavish Pets" dog groomers on Monroe Blvd, and "Alpha Upholstery" on 22nd St. Once named "Success Market," this beautiful historic building could once again house a successful business for the savvy entrepreneur with vision. Open House Saturday April 27th 11am - 1pm.

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