Ogden, Utah, is a prime location for investing in restaurants, with 4 available listings for sale. Restaurants in Ogden offer a unique opportunity to tap into the city's rich cultural heritage and natural surroundings. As a major railway hub with a history of handling significant freight rail traffic, Ogden is an attractive location for manufacturing and commerce. Additionally, the city's proximity to Weber State University and the Wasatch Mountains makes it an ideal spot for restaurants catering to students, outdoor enthusiasts, and locals alike. With its well-developed infrastructure, including Interstates 15 and 84, State Route 39, and the Ogden-Hinckley Airport, Ogden provides easy access to a large customer base. The city's amenities, such as the Ogden Nature Center, Snowbasin Ski Area, and the Ogden Stadium, also make it an attractive location for restaurants looking to capitalize on the local tourism industry.
Restaurants in Ogden are just one of the many investment opportunities available in the city. Ogden is also home to 4 apartment buildings, shopping centers, specialty properties, and hotels for sale. The city's diverse economy, with a mix of industries such as government, healthcare, education, manufacturing, and financial services, provides a stable foundation for businesses to thrive. With major employers like Autoliv North America, McKay Dee Hospital, Weber State University, Bank of Utah, and America First Credit Union, Ogden offers a large and diverse customer base. The city's cultural attractions, such as the Foursite Film Festival, Ogden Arts Festival, and Peery's Egyptian Theatre, also make it an attractive location for restaurants looking to capitalize on the local arts scene. Overall, Ogden provides a unique blend of natural beauty, cultural attractions, and economic stability, making it an ideal location for investing in restaurants and other commercial properties.
What is the average cost per square foot for a restaurant in Ogden?
For those interested in purchasing a restaurant in Ogden, Utah, the average cost per square foot is $550 USD per square foot, with available listings totaling 4 and average restaurant sizes ranging from 7,807 square feet to 16,890 square feet.
What factors determine the value of a restaurant for sale in Ogden?
The value of a restaurant for sale in Ogden is determined by a combination of factors, including:
- Location, with proximity to major transportation hubs like the Ogden Intermodal Hub and Ogden-Hinckley Airport, as well as access to main roads like Interstates 15 and 84, being highly desirable;
- The restaurant's size, with an average size of 7,807 square feet, and a maximum size of 16,890 square feet, impacting its capacity and potential revenue;
- Financial performance, including the average price per square foot of $550 USD and an average cap rate of 10.14%, which can influence the restaurant's value and potential return on investment.
