272 W 500 N

American Fork, UT 84003

American Fork, UT 84003

272 W 500 N

$1,600,000

MLS#: 2190387

Status: Active

Listing provided by: Real Estate Essentials

Listing agent phone: None

Last update: 3 hours ago

New on site today

VALLEY VIEW, PLAT B - Commercial Sale

About

11 Bed Assisted Living Facility in American Fork: Rare opportunity to acquire an established 11 bed assisted living facility in American Fork. .32 acre site, this 3,704 SF single level facility was built in 1994 and is designed and licensed to accommodate 11 residents at ALF 1 level of care. The property offers an existing assisted living operation in a residential setting, with convenient access from 500 North and parking on the east side of the property. With an established facility, 11 resident beds, and a well located American Fork property, this is an excellent opportunity for an assisted living operator or investor looking to acquire an existing senior care facility in Utah County. Multiple vacant lots surrounding the property for possible expansion. Property Highlights 11 bed assisted living facility 3,704 SF building 0.321 acre lot Built in 1994 Single level facility Licensed for ALF 1 level of care R1 7500 zoning Existing assisted living use is conditionally legally conforming 4 parking spaces American Fork, Utah location. Offered as part of a two property assisted living portfolio, not available for individual purchase.

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1994

Sq.Footage

3,704

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.32

  • Lot Size(square feet)

    13,939

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $1,600,000

  • Tax Amount

    $3,862

  • Zoning

    R17500

  • Sq. Footage

    3,704

  • Price/SqFt

    $431

HOA

  • Association

    No

Property Resources

  • Horse Property

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

Schedule

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Location

  • County

    Utah

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Nate Julian, Real Estate Essentials

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Properties

Related properties

Exceptional development opportunity in the heart of American Fork! This property at 140 N 100 E is being sold together with the adjacent vacant parcel (Parcel #020390014, 126 N 100 E) for a combined total of 0.62 acres on the east side of 100 East between 100 North and 200 North. The primary parcel includes a 4,293 SF office building (2,557 SF above grade + 1,736 SF finished basement) built in 1975, with 25 parking stalls providing a strong 5.82:1,000 SF parking ratio. The adjacent parcel is 0.32 acres of vacant commercial land, ready for immediate development. Located within the R4-7500 zone, this combined site presents significant multifamily development potential. Under current zoning, multi-housing is a permitted use with the following development standards: maximum building height of 36 feet (30 feet for principal building); minimum lot area of 20,000 SF with the first four units, plus 3,000 SF required for each additional unit; front setback of 30 feet; rear setback of 25 feet; side setbacks of 10 feet; and maximum lot coverage of 50%. The combined 0.62 acres (approximately 27,007 SF) could accommodate a meaningful multifamily project under these standards. The property benefits from outstanding location fundamentals: just 1.5 blocks north of State Street, American Fork's primary commercial corridor; approximately 1.2 miles from the I-15/500 East interchange; proximity to the Silicon Slopes employment corridor; convenient access to shopping, restaurants, schools, and services; and bus transit available along State Street. The American Fork FrontRunner commuter rail station is approximately 1.8 miles from the site. The existing office building offers immediate owner-user or interim lease potential while entitlements are pursued, or the entire site can be cleared for ground-up development. Both parcels share common ownership and will be conveyed together. Buyer and buyer's agent to verify all information including but not limited to zoning, permitted uses, development standards, setbacks, building height, lot coverage, acreage, square footage, and any other material facts. Contact American Fork City Planning Department at (801) 763-3060 for current zoning verification. Square footage figures are provided as a courtesy estimate only and were obtained from Utah County Records .  Buyer is advised to obtain an independent measurement.
#2137277

American Fork

140 N 100 E

None Beds

None Baths

4,293 Sq.Ft.

$1,495,000

MLS#: 2137277

11 Bed Assisted Living Facility in American Fork: Rare opportunity to acquire an established 11 bed assisted living facility in American Fork. .32 acre site, this 3,704 SF single level facility was built in 1994 and is designed and licensed to accommodate 11 residents at ALF 1 level of care. The property offers an existing assisted living operation in a residential setting, with convenient access from 500 North and parking on the east side of the property.  With an established facility, 11 resident beds, and a well located American Fork property, this is an excellent opportunity for an assisted living operator or investor looking to acquire an existing senior care facility in Utah County. Multiple vacant lots surrounding the property for possible expansion. Property Highlights  11 bed assisted living facility  3,704 SF building  0.321 acre lot  Built in 1994  Single level facility  Licensed for ALF 1 level of care  R1 7500 zoning  Existing assisted living use is conditionally legally conforming  4 parking spaces  American Fork, Utah location. Offered as part of a two property assisted living portfolio, not available for individual purchase.

272 W 500 N

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