$1,500,000

Estimated payment $8,189/month

Total Views 7,162
0.11 Acres
$13,636,364 Price per Acre
4,792 Sq Ft Lot

About This Lot

Downtown Provo commercial opportunity with proven mixed-use potential. Located in the heart of downtown Provo, this DT1-zoned property is ideally positioned for a wide range of commercial uses, benefiting from strong visibility, walkable downtown amenities, and convenient access to nearby public parking. The site offers exceptional appeal with Provo Temple views and proximity to restaurants, shopping, parks, comedy clubs, arts venues, event centers, and other downtown destinations. The property has previously been approved for a mixed-use multifamily development featuring 20 condo or apartment residences, a rooftop deck, and approximately 4,000 SF of street-level commercial space, providing a strong foundation for future redevelopment or investment planning. Buyers may explore commercial-focused concepts, move forward with previously approved plans, or submit new plans aligned with their intended use. Located in a tax-advantaged Opportunity Zone and framed by neighboring downtown businesses and residential density, the property offers built-in demand, strong accessibility, and significant long-term upside in one of Provo's most active urban corridors.

Listing Agent

Tori Tarver

KW South Valley Keller Williams License #8993870 Listed on: 05/20/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,234

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned Multi-Family, Commercial, DT1

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-028-0002

Property Details

Property Type

Land

Est. Annual Taxes

$1,234

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 0.11
  • Lot Size: 0.0x0.0x0.0
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • Image Status: All Public
  • Accessory Dwelling Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Private Spa: No
  • Fireplace: No

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Property Condition: Blt./Standing

Garage/Parking

  • Attached Garage: No
  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Sewer: Sewer: Available
  • Utilities: Natural Gas Available, Electricity Available, Sewer Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: None/Other
  • High School: None/Other
  • Middle Or Junior School: None/Other

Lot Info

  • Current Use: Commercial, Multi-Family, Other
  • Lot Size Sq Ft: 4791.6
  • Parcel #: 05-028-0002
  • Zoning Description: DT1
  • Zoning: Multi-Family, Commercial

Tax Info

  • Tax Annual Amount: 1234.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/20/2026 05/20/26 For Sale $1,500,000 -- --
Source: UtahRealEstate.com

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed -- Pro Title & Escrow
Warranty Deed -- None Listed On Document
Quit Claim Deed -- Empire Land Title Company
Quit Claim Deed -- Empire Land Title Company
Quit Claim Deed -- Empire Land Title Company
Warranty Deed -- Empire Land Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $200,000 Seller Take Back
Previous Owner $796,750 Credit Line Revolving
Source: Public Records

Source: UtahRealEstate.com

MLS Number: 2159373

UtahRealEstate.com

APN: 05-028-0002

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