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$495,000 Just Listed
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Property Description
Positioned on a high-traffic corner at 40th Street and Madison Drive in South Ogden, this standalone commercial building offers exceptional visibility and access in one of the area's busiest corridors. Formerly a gas station, the property has already undergone significant due diligence and planning, including a Phase I Environmental Site Assessment and electromagnetic survey confirming removal of prior fuel tanks. The site has been fully engineered with architectural plans submitted to and approved by the city, allowing a buyer to move forward immediately and pull permits without delay. Approved plans call for conversion into six individual salon or creative suites, catering to the growing demand for independent beauty, wellness, and service-based professionals, with estimated rents ranging from $900$1,200 per suite, providing strong income potential. In addition, substantial site work has already been completed, including new power service with both interior and exterior panels installed, the building trenched and ready for plumbing, and the interior fully gutted to allow for an efficient buildout. This is a rare opportunity to acquire a highly visible corner property with completed environmental work, full approvals in place, and a clear path to development, ideal for investors or owner-users seeking a project with minimized risk and significant upside.
Full Property Details
Full Property Details for 701 40th St
General
- Price: $495,000
- Taxes: $1,233
- Status: Active
- Type: Retail
- Source: WFR
- MLS ID: 2153463
- Updated: 4/26/2026
- Added to Site: 1 day(s) ago
Location
- Area: Ogdn; W Hvn; Ter; Rvrdl
- County: Weber
- Direction Faces: North
Structural Information
- Current Bldg. Use: Retail, Office
- Year Built: 1955
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Size: .19
- Lot Dimensions: 116.0 x 100.0 x 99.0
- Frontage Feet: 116
Financial Considerations
- Tax Amount: $1,233
Disclosures and Reports
- Property ID: 06-051-0010
Listed by Growth Real Estate Group LLC
Get Pre-Approved Today
Schools
Schools serving 701 40th St
School District:Weber School District
| Name | Grades | Distance |
|---|---|---|
Burch Creek School 4300 Madison Ave., Ogden, UT 84405 | K-6 | 0.5 mi |
South Ogden Junior High School 650 E 5700 S, Ogden, UT 84405 | 7-9 | 2.1 mi |
Bonneville High School 251 E 4800 S, Ogden, UT 84405 | 10-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 40th St
Date
Details
Price
Change
Source
4/26/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 701 40th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,234
4%
$109,000
2%
2024
$1,191
2%
$107,000
3%
2023
$1,166
25%
$104,384
30%
2021
$934
-7%
$80,000
-13%
2022
$1,005
6%
$92,000
21%
2020
$949
—
$76,000
10%
2018
$945
1%
$69,027
-4%
2019
$938
-40%
$72,000
-35%
2017
$1,563
1%
$110,067
-1%
2016
$1,548
13%
$110,977
16%
2015
$1,371
1%
$95,858
3%
2014
$1,356
2%
$93,036
6%
2013
$1,330
—
$87,905
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 701 40th St
701 40th St, South Ogden, UT 84403 (MLS# 2153463) is a Retail property. 701 40th St is currently listed for $495,000 and was received on April 26, 2026. Want to learn more about 701 40th St? Do you have questions about finding other Retail real estate for sale in South Ogden? You can browse all South Ogden real estate or contact a Coldwell Banker agent to request more information.

