Salt Lake City UT Commercial for Sale
- Type:
- Retail
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.44 Acres
- Baths:
- MLS#:
- 2047409
ADDITIONAL INFORMATION
JUST LISTED! The Salt Lake City, Utah Winter Olympics 2034 coming, this rare 1.44 Acre property next to the Olympic Oval Venue & the South Valley Regional Airport, is a Prime Development Opportunity for potential Mixed Use, Commercial, Hotel, Multifamily, STR, Athlete Training, etc! Income Producing Rental Income while you develop the property! Property was previously rented for $11,500 per month, but is currently undergoing some improvements. *Currently Zoned Multi Family Dwelling (2-4 Unit)Building. With flexible zoning options and city interest in rezoning, and several plans already drawn up, this property is ideal for a MIXED-USE PROJECT, potentially incorporating Commercial Retail Spaces with Residential Units above, or a full Multi-Family Residential Development. *There are Drawings and talk with the city and Kearns City Council of podium style building with 6 commercial units below and 28 apartments above. (See Attachments). This flat, expansive lot currently includes two existing buildings at 5934 S & 5930 S, each approximately 4,215 square feet, totaling around 8,430 square feet. *Also includes two large storage buildings with basements. Don't miss this rare chance to bring a high-impact project to an area eager for growth. *Further details on city discussions and potential approved plans are available upon request. Owner agent. #investmentproperty #developers #saltlakecity2023 #Olympics #investors #realestateinvesting #olympicoval #utaholympicpark #utaholympicoval
Salt Lake City Real Estate
The median home value in Salt Lake City, UT is $387,200. This is lower than the county median home value of $540,700. The national median home value is $338,100. The average price of homes sold in Salt Lake City, UT is $387,200. Approximately 80.92% of Salt Lake City homes are owned, compared to 18.02% rented, while 1.06% are vacant. Salt Lake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salt Lake City real estate agent to arrange a tour today!
Salt Lake City, Utah 84118 has a population of 71,185. Salt Lake City 84118 is more family-centric than the surrounding county with 42.18% of the households containing married families with children. The county average for households married with children is 38.99%.
The median household income in Salt Lake City, Utah 84118 is $76,639. The median household income for the surrounding county is $82,206 compared to the national median of $69,021. The median age of people living in Salt Lake City 84118 is 30.3 years.
Salt Lake City Weather
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 19.5 inches per year, with 54 inches of snow per year.