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Distinction Real Estate

info@distinctionrealtygroup.com +1(801) 810-0101

$ 2,000,000

Est. payment | -/mo

3 Beds

2 Baths

1,928 SqFt

Save

$ 2,000,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,928 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,928 sqft

Price per Sqft $1,037

MLS Listing ID 2191984

Style Bungalow/Cottage

Bedrooms 3

Three Quarter Bath 2

Construction Status Blt./Standing

HOA Y/N No

Abv Grd Liv Area 964

Year Built 1940

Annual Tax Amount $2,846

Lot Size 1.150 Acres

Acres 1.15

Lot Dimensions 0.0x0.0x0.0

Property Sub-Type Single Family Residence

Property Description

An exceptional opportunity to acquire a commercially zoned, income-producing multi-use property in one of Provo's premier commercial corridors.? Situated on 1.154 acres, this unique investment features a beautifully converted 3,328-square-foot barndominium currently operating as a successful short-term rental and event venue, along with a separate 1900 sq. ft. duplex generating approximately $2,500 per month in stable rental income.? The property also includes a 1,400-square-foot garage and generous storage space for equipment, inventory, event supplies, or business operations.? With 42 on-site parking spaces, expansive outdoor areas, and a flexible layout, the property is well-positioned to accommodate private events, boutique weddings, corporate gatherings, and a variety of commercial ventures.? Recently approved for commercial (conditional use), this turnkey property offers immediate cash flow with significant upside as demand continues to grow for distinctive venue spaces throughout Utah County.? The combination of commercial zoning, multiple established income streams, generous storage, ample parking, and room to expand creates a rare investment opportunity for owner-users and investors alike.? Properties with this level of versatility and growth potential seldom become available.? Square footage figures are provided as a courtesy estimate only and were obtained from county records buyer is advised to obtain an independent measurement.

Location

State UT

County Utah

Area Provo; Mamth; Springville

Zoning Commercial, Short Term Rental Allowed

Rooms

Basement Entrance, Full, Walk-Out Access

Main Level Bedrooms 2

Interior

Interior Features Accessory Apt, Basement Apartment, Kitchen: Second, Mother-in-Law Apt.

Heating Forced Air

Cooling Central Air

Flooring Carpet, Hardwood, Tile

Fireplaces Type Fireplace Equipment

Inclusions Ceiling Fan, Dryer, Fireplace Equipment, Gazebo, Range, Refrigerator, Washer, Water Softener: Own, Window Coverings, Video Door Bell(s)

Equipment Fireplace Equipment, Gazebo, Window Coverings

Fireplace No

Window Features Blinds,Drapes

Appliance Ceiling Fan, Dryer, Refrigerator, Washer, Water Softener Owned

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Barn, Basement Entrance, Double Pane Windows, Out Buildings, Lighting, Porch: Open, Secured Building, Patio: Open

Garage Spaces 3.0

Utilities Available Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt

Present Use Single Family

Topography Fenced: Full, Road: Paved, Secluded Yard, Sprinkler: Auto-Full, Terrain, Flat, Drip Irrigation: Auto-Full

Handicap Access Accessible Entrance

Porch Porch: Open, Patio: Open

Total Parking Spaces 46

Private Pool No

Building

Lot Description Fenced: Full, Road: Paved, Secluded, Sprinkler: Auto-Full, Drip Irrigation: Auto-Full

Story 2

Sewer Sewer: Connected

Water Culinary, Rights: Owned

Architectural Style Bungalow/Cottage

Finished Basement 100

Structure Type Brick

New Construction No

Construction Status Blt./Standing

Schools

Elementary Schools Amelia Earhart

High Schools Provo

School District Provo

Others

Senior Community No

Tax ID 21-025-0007

Acceptable Financing Cash, Conventional, Seller Finance

Listing Terms Cash, Conventional, Seller Finance

Listed by Berkshire Hathaway HomeServices Elite Real Estate

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 810-0101

info@distinctionrealtygroup.com

13867 S Bangerter Parkway, Suite 202, Draper, UT 84020, USA

2087 W CENTER ST Provo, UT 84601